This comes from an interview with David Rosenberg, one of my favorite analysts, who claims “We are living in a modern-day depression.” As I went down the list of his points, there is nothing I can really disagree with since we have been saying the same things. He’s not “Austrian” but his thinking is very close. [...]
When I wrote my article in May, “Bernanke Will Be Forced To Do QE3,” almost no one was saying that the Fed would do QE3. Mainly they didn’t believe the economy would keep trending down or that unemployment would rise. Now it seems that other economists are jumping on the Daily Capitalist bandwagon, including some [...]
No I don’t mean he has passed on. But since March 8, his daily economic letter, “Breakfast With Dave,” is no longer available to the great unwashed. Gluskin Sheff, his employer, has taken his letter to a paying model. From now on, to get the letter you will have to pay Can$1,000 per year. Probably [...]
The big headline today is that David Rosenberg of Gluskin Sheff says we have a better than 50-50 chance to go into negative GDP growth in H2 2010. He says Q3 will be flat and Q4 has the above odds to go into recession. In a video interview he said that this isn’t a recovery, [...]
By Jeff Harding.
[Updated October 1, 2009]
I try to balance my day by reading well known optimist and pessimist economists. My two favorites are Brian Wesbury of First Trust in Chicago as my “Mr. Sunshine” and Dave Rosenberg as my “Joe Btfsplk*” (the name “Dr. Doom” was already taken by Nouriel Roubini). I know [...]
By Jeff Harding
Here are the latest musings by David Rosenberg, Chief Economist at Gluskin Sheff, formerly Chief Economist for Merrill Lynch, who called the Crash. He’s always worth listening to.
IS THE U.S. DOLLAR NEXT?
It is the second anniversary of the credit crunch and after all of the fiscal and [...]
By Jeff Harding
Here is David Rosenberg, chief economist and strategist for Gluskin Sheff on bank liquidity. Rosenberg was formerly the chief economist for Merrill Lynch. He called the Crash and is a perceptive guy. I am reprinting this to show you that I am not the only one talking about deflation.
This is an [...]
David Rosenberg, formerly Chief Economist at Merrill Lynch, and now with investment manager Gluskin Sheff, talks about whether or not the recession is over. Rosenberg called the economic crisis correctly.