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David Rosenberg Quotes

«Katrina's effects are being felt nationally-on the nation's transportation arteries, supply chains, chemical plants, airlines, leisure/hotels, gasoline prices everywhere and retailing. The commercial impact is widespread.»
«As for the employment report, I think there's a danger of overreacting over the message from it because this was the third warmest January in the past 112 years.»
«For the first time in 18 years, we managed to get through one of these semiannual congressional testimonies without a bottle of Advil in one hand and a Thesaurus in the other.»
«A sharp double-digit drop in natural gas prices and a decline in fuel oil and electricity prices drive our call.»
«These increases were in a sense artificially produced by shifting incentives as auto companies try to back away from incentives and instead lower sticker prices.»
«The markets are basically not treating this as an 'if' scenario but more as a 'done deal' scenario.»
«(T)hat's not a recession-maker, but it's a pinch nonetheless - it means a little less steak and a lot more bologna, fewer outings to the nightclub and perhaps one less vacation on the cruise line (but maybe more time at the blackjack table).»
«The glue that kept the consumer market together the last few years was the wealth effect from the housing boom.»
«The equity market is climbing a wall of worry right now.»
«Has the roof collapsed? You get trends like this at the tail-end of the Fed rate-hiking cycle, and what follows next is either a soft or hard landing in the broad economy.»

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