There is no question that these are trends that are going to add to people's anxiety and the process has already started.
More Quotes from 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
We think that countries and areas of activity that have been weakest in the last couple of years are likely to see the strongest rebound in growth. Thus, Germany, Italy and the Netherlands should see more marked recoveries than Spain and France, where activity has held up well.
David Rosenberg
I think it does complicate the rate hike picture and the near-term interest rate outlook.
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
A Bush win is good for asset managers but bad for life insurance companies.
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
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