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David Rosenberg Quotes

«It's a very strange mix, ... It may signal some kind of slowing, but I think I'd have to see a lot more evidence of that. It doesn't appear that consumer consumption is slowing in any meaningful way.»
«I think it does complicate the rate hike picture and the near-term interest rate outlook.»
«has stopped bleeding ... a hiring spree in 2003 looks like a low-odds bet.»
«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.»
«There's nothing in the tea leaves telling us we'll be seeing much labor-market buoyancy for several months.»
«The SARS virus may not have much of a direct impact on U.S. growth -- though we would look for some spillover to the consumer confidence data.»
«Fed action is not a fait accompli -- weakness might have to extend through the second half to lead to a Fed cut.»
«If CEOs are just frozen in fear, ... who's going to go on a spending spree.»
«The question must be asked as to what psychological impact there may be from this oft-cited [number] ... upon consumer sentiment. The unemployment rate and inflation are the most important determinants of consumer sentiment.»
«That shows that companies are cutting in other areas to prevent their tech infrastructure from becoming obsolete.»

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