'A lot of dry powder left over': Bearish economist David Rosenberg says the US can recover further without new stimulus

Business Insider

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· *The economy may not need a near-term stimulus package to maintain its recovery, David Rosenberg, chief economist at Rosenberg Research, said Thursday.*
· *The household savings rate of 19% leaves "a lot of dry powder left over from the first package," the bearish economist said on CNBC.*
· *"Blowout" revenues at retailers...

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