Katrina's effects are being felt nationally-on the nation's transportation arteries, supply chains, chemical plants, airlines, leisurehotels, gasoline prices everywhere and retailing. The commercial impact is widespread.
More Quotes from 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
There's nothing in the tea leaves telling us we'll be seeing much labor-market buoyancy for several months.
David Rosenberg
Although an inverted yield curve does not always imply an economic recession, it has predicted a profit recession 100 per cent of the time.
David Rosenberg
For every pricing power story the Fed hawks and bond bears can find, we can probably match in the opposite direction.
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
Here's the story for equities twin deficits, a weak dollar, accelerating inflation concerns, firm commodity prices, rising bond yields and Fed tightening. Now if that doesn't sound like 1987 (the year of the stock market crash), we don't know what does.
David Rosenberg
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Based on Topics: Business & Commerce QuotesThose differences are what color the performance, but in the movies you don't get a chance to rehearse.
Wayne Rogers
Why not whip the teacher when the pupil misbehaves?
Diogenes of Sinope
Only a kind person is able to judge another justly and to make allowances for his weaknesses. A kind eye, while recognizing defects, sees beyond them.
Lawrence G. Lovasik