Although an inverted yield curve does not always imply an economic recession, it has predicted a profit recession 100 per cent of the time.
More Quotes from David Rosenberg:
There is no question that these are trends that are going to add to people's anxiety and the process has already started.David Rosenberg
There's nothing in the tea leaves telling us we'll be seeing much labor-market buoyancy for several months.
David Rosenberg
(W) hat we are likely to see in Germany is the best year for consumer spending in a half decade. As a measure of how much pent-up demand there is in Germany, the average age of the auto fleet is at a record eight years.
David Rosenberg
Fed action is not a fait accompli -- weakness might have to extend through the second half to lead to a Fed cut.
David Rosenberg
What all this spells is inflation from barely 0 percent all the way up to something that doesn't even make it to 2 percent. This is an easy money policy
David Rosenberg
There is going to be near-term inflation. Is it going to be sustained I doubt it.
David Rosenberg
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Eddie Rickenbacker
I would say that the war correspondent gets more drinks, more girls, better pay, and greater freedom than the soldier, but at this stage of the game, having the freedom to choose his spot and being allowed to be a coward and not be executed for it is his torture.
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Jack Herer