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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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 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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There is no doubt that when I speak to hedge funds and real-money investors, they have some questions. They say that he has to prove his credentials right away.
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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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I think it does complicate the rate hike picture and the near-term interest rate outlook.
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That's a significant statement. We are hedging our bets and don't see a great risk in doing it.
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As the economy continues to slow and inflation remains benign we expect the Fed will be in easing mode by the second half.
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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.