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David Rosenberg Says We Will Have A Recession By 2012
Monday, June 13, 2011 - 12:52pm | 50Read More...David Rosenberg, chief economist at Gluskin Sheff & Associates was on Bloomberg this morning and said that there is a 99% chance that we will have a recession by 2012. Rosenberg is famous for being bearish and called the most recent recession in 2008.
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David Rosenberg Sees Another Recession Coming (KFT, ABX, XOM, SLW)
Monday, March 21, 2011 - 12:58pm | 280Read More...Noted bear David Rosenberg of Gluskin-Sheff was just on CNBC and Rosenberg thinks we may be headed for another recession, and that there are more risks to the recovery than there were in 209. Rosenberg said he sees a recession on the horizon, as food and energy costs are going to hit the consumer...
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Ben Bernanke: Are You Kidding Me?
Friday, January 7, 2011 - 12:29pm | 436Read More...In testimony today before the Senate Budget Committee, Federal Reserve Chairman Ben Bernanke, said that it will take 4-5 years to get back to normal unemployment. Bernanke defended QE2, and said that Congress needs to reduce the federal deficit. “We have seen increased evidence that a self-...
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Bullish Retailers Ready to Ramp up Huge Hiring Spree
Thursday, October 7, 2010 - 12:08pm | 22Read More...From David Rosenberg: “US retailers are so bulled up on the holiday season they announced a record 114,000 job hirings in September…Yikes!”
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Rail Traffic Says The Economy Is Growing, So Stop Worrying! (CSX, UNP, NSC)
Thursday, September 30, 2010 - 10:49am | 288Read More...Rail traffic rose to 692,500 rail cars last week, making it the best week in nearly two years. As indicated by this chart, rail traffic slipped during Labor Day, but has rebounded sharply as I had expected it would. As rail traffic has continued to increase, the rail stocks, in particular CSX (...
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David Rosenberg Says Everyone Is Now Starting To See How Bad It Is
Friday, August 6, 2010 - 11:55am | 124Read More...Famed economist David Rosenberg of Gluskin-Sheff says people are finally coming to grips on how bad the economy is as the Federal Reserve looks to be warming towards a second round of quantiative easing. Rosnberg said in a TV interview, "We need a little perspective on the economic backdrop because...
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Homebuilders (XHB) Rise Despite Bad Report
Wednesday, June 23, 2010 - 5:18pm | 135Read More...Homebuilders (XLB) rallied today despite a terrible earnings report. The homebuilders ETF ended the day up 1%. Home sales fell to historic lows as investor appetite for home buying has disappeared. A lot of this is attributable to the expiration of tax credits. Chief economist of Gluskin Sheff,...
