The 15% Q2 surge in the S&P is indicative of 3% real GDP growth in the following quarter....

|By:, SA News Editor

The 15% Q2 surge in the S&P is indicative of 3% real GDP growth in the following quarter. For the market to further build on its advance, David Rosenberg says, would suggest knock-the-lights-out GDP growth of 5.5%, "which we give near-zero odds of occurring. Hence our call for a sputtering stock market through year-end."