David Rosenberg
David Rosenberg
David Rosenberg, born in 1965, is a French art curator and author, specialized in modern and contemporary art...
ProfessionMusical.ly Star
Date of Birth19 April 1997
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For an economy addicted to credit ... periodic interest rate spasms of the likes we are seeing today could easily derail the nascent turnaround from the 'growth recession' of the past nine months.
ceos fear frozen spending
If CEOs are just frozen in fear, ... who's going to go on a spending spree.
carried
I don't want to get too carried away by a 25-basis-point move,
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That shows that companies are cutting in other areas to prevent their tech infrastructure from becoming obsolete.
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That will just reinforce the slowdown in consumer spending.
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The Fed seems intent on raising rates through this Katrina business on the view that the pending rebuild stimulus will trump the near-term economic loss.
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If the divergence between sales and inventories continues, the inventory-to-sales ratio will breach the critical five months' supply threshold by year-end, ... Price action is sure to follow.
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There is no question that these are trends that are going to add to people's anxiety and the process has already started.
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Washington pundits expect such a bill to include the repeal of the Public Utility Holding Company Act, which could lead to a wave of mergers in the utility sector.
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We think that countries and areas of activity that have been weakest in the last couple of years are likely to see the strongest rebound in growth. Thus, Germany, Italy and the Netherlands should see more marked recoveries than Spain and France, where activity has held up well.
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The only reason I'm calling for a rate hike is because that's what they told us they are going to do.
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When you think of all the fiscal and monetary stimulus we've had, we should have the economy growing at 5 or 6 percent. The fact that we're not is the story.
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The primary driver of this slowing is consumer spending. Spending will be hurt by continued elevated energy prices and a slowing in housing.
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There is a historical pattern that everyone should be aware of because each of the past three newly appointed Fed chairman began their tenure with a quick succession of interest rate hikes.