Erik Townsend and Patrick Ceresna welcome David Rosenberg to MacroVoices. Erik and Dave discuss:

• One more leg higher in the S&P500 or is the top in? 
• Outlook on junk and investment grade bonds
• How do you do play the short on low grade corporates?
• Secular and cyclical outlook on inflation
• Where is the US Dollar heading?  
• What is going on with 10-year treasury yields and where are they heading?  
• Update as to where we are in the business cycle 
• Cyclical vs. defensive stocks in the 2nd half of the year 
• Outlook on the Canadian dollar 
• Where are we in the Canadian housing cycle?

Download the  audioMP3 File (74.28 MB) | Download the podcast transcript:    pdfHere (253 KB)

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