Bizarre is not a strong enough word. We've never seen productivity growth this strong headed into the fifth year of a business expansion.
More Quotes from 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
We are clearly in a state of economic uncertainty and the prudent thing to do in such times is to do nothing at all.
David Rosenberg
This would provide the Fed some flexibility regarding future meetings.
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's nothing in the tea leaves telling us we'll be seeing much labor-market buoyancy for several months.
David Rosenberg
(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).
David Rosenberg
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Based on Topics: Business & Commerce QuotesIsn't it true that the fault of birth rests somewhat on the child? I believe it's we who led our parents on to bear us, and it's our unborn children who make our flesh itch.
T. E. Lawrence
Unfortunately, most of the songs that I write I don't write them with guitar in mind. I just write it as a song and that was probably one of the ones that left an opening for it. The song's all right, I wouldn't choose to sing it now.
Roy Wood
Where there is no property there is no injustice.
John Locke