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.
More Quotes from David Rosenberg:
A year ago, 'deflation' was dripping off everybody's lips. Today, core inflation is off its low, but it's about the same as it was a year ago, yet all anybody can talk about is how far the Fed will hike.David Rosenberg
There's nothing in the tea leaves telling us we'll be seeing much labor-market buoyancy for several months.
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
If he and the homebuilding executives are assessing the market correctly, investors will do well to sell into the Katrina-inspired rally and lock in gains. And anyone thinking of buying a house now may wish to think again. The market is as vulnerable today as the last time we had this stretched affordability in 1989, ... It might not be on the same par as the equity bubble in the late '90s, but it's not far off.
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
Out of those five times, the economy fell into recession 100 per cent of the time.
David Rosenberg
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Based on Topics: Unemployment QuotesBased on Keywords: determinants
If a State has reliable scientific information that demonstrates that a warning is needed for a particular food, then in the interest of public health, it should share that information with the FDA and petition for a new national standard.
Nathan Deal
I never expected that. I didn't aim for that. All I wanted was to get some nice pictures of trains at night.
O. Winston Link
It's just a whole different thing, and it's just that my life has been a blessing, and I thank god every day for the gifts that he has given me and for my daughter and to be able to watch her grow and be a part of her joys and her excitement and what she wants to do in life.
Teena Marie