We have one of the weakest growth rates ever during a tightening cycle, and we have to ask the question why the Fed still believes it is accommodative at 3.75 percent.
More Quotes from David Rosenberg:
This would provide the Fed some flexibility regarding future meetings.David Rosenberg
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.
David Rosenberg
It is basically a subtle way to flash to the market that the negative economic consequences are resonating and that the Fed may not just look at this as a temporary soft patch this time.
David Rosenberg
The big surprise in 1994 was that, despite all the inflation scares -- and there was tremendous inflation worry -- core inflation actually fell in 1994.
David Rosenberg
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.
David Rosenberg
Bizarre is not a strong enough word. We've never seen productivity growth this strong headed into the fifth year of a business expansion.
David Rosenberg
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