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Can Bernanke Pull a Rabbit Out of His Hat?
Monday, September 19, 2011 - 12:57pm | 909Is Ben Bernanke a magician? Gluskin-Sheff's David Rosenberg was on CNBC a while ago, and discussed a wide variety of economic topics, including Greece, the financial markets, and the housing sector. What is even more interesting is comments he wrote last week about a potential shock and awe move...
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David Rosenberg Says Bye-Bye To The "Put"
Thursday, August 18, 2011 - 2:38pm | 301Yesterday, Dallas Fed President Richard Fisher talked about the "Bernanke put" and the potential end to it. During the late 1990's and the early 2000's, we had the "Greenspan put." David Rosenberg, the notoriously bearish economist from Gluskin Sheff & Associates is saying good bye to those "...
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Great Depression 2.0: You've Got Nothing
Monday, August 8, 2011 - 12:02pm | 769What was a recession is now starting to look like a full blown depression. Bank of America (NYSE: BAC) is being sued by AIG (NYSE: AIG) for $10 billion. This is both ironic, hilarious and depressing, as AIG nearly caused the financial crisis in 2008, and could lead to starting another with this...
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Time To Look At The Latin American Costco?
Wednesday, July 6, 2011 - 10:58am | 549PriceSmart Inc. (NASDAQ: PSMT) shares are trading at a new 52 week high, as the company has continued to expand its presence into new countries in Latin America. PriceSmart, which is similar to Costco (NASDAQ: COST), BJ's Wholesale (NYSE: BJ) and Sam's Club, is a membership-based retail chain, and...
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Operation Twist 2: How to Trade Tomorrow's FOMC Meeting
Tuesday, June 21, 2011 - 9:09am | 538All eyes and ears will be on Ben Bernanke tomorrow, and everyone will be listening and analyzing every single words, dissecting it a million different ways. The Federal Open Market Committee (FOMC) is holding its two-day meeting which starts today, and the decision will be released tomorrow at 12:...
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David Rosenberg Says We Will Have A Recession By 2012
Monday, June 13, 2011 - 12:52pm | 50David 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 | 280Noted 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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David Rosenberg Says Everyone Is Now Starting To See How Bad It Is
Friday, August 6, 2010 - 11:55am | 124Famed 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...