A Longtime Stock Market Bear Is Rethinking His View Amid the AI Boom

• Economist David Rosenberg is rethinking his bearish stance amid this year’s huge stock rally.
• Rosenberg said extreme stock market valuations may be justified given AI’s economic potential.
• Investors are extending their valuation outlook beyond one year, and Rosenberg is following suit.

Economist and longtime market bear David Rosenberg is coming around after this year’s blistering stock market rally.