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Letter "D" » David Rosenberg Quotes


«If the economy continues to muddle through at around 2 percent annualized growth, we could very well slip into deflation in the next two years,»
«The markets are always benchmarked against expectations,»
«We have one of the weakest growth rates ever during a tightening cycle, and we have to ask the question why the Fed still believes it is accommodative at 3.75 percent.»
«I think that the U.S. consumer is hot to trot. I think you're looking at a first quarter that's going to easily top 10 percent (in retail sales increase) on an annualized basis.»
«Notwithstanding the fact that the . . . CPI may look scary because of higher oil prices over the next few months, the key will be what the core numbers do. And I'm still expecting that they'll be benign.»
«Whether it's lingering layoffs, receding real wage growth or cutbacks in health/pension benefits, corporate America is now in the process of shifting its lack of pricing power onto the backs of its workforce.»
«It may be that low rates are not the only help the economy needs. But we could be in even rougher shape without monetary ease, and 80 percent of what the Fed's already given us is behind us. We could use another dose.»
«'3-peats' never happen outside of recessions. We now have such a case.»
«If the economy continues to muddle through at around 2 percent annualized growth, we could very well slip into deflation in the next two years.»
«With affordability at a 20-year low, we will be keeping a close eye on the inventory numbers in 2006. Demand has rolled over just when we're seeing supply peak. That's a prescription for a price adjustment.»

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