(W) hat we are likely to see in Germany is the best year for consumer spending in a half decade. As a measure of how much pent-up demand there is in Germany, the average age of the auto fleet is at a record eight years.
More Quotes from 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
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
We are excited for the opportunity to help create value for our investment partners with this new portfolio, which is located in our core market area, while continuing to carry out our mission--to provide responsibly managed apartment communities for people who appreciate superior service and exceptional value.
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The consensus was too exuberant coming into this quarter -- and probably is too exuberant for the balance of the year, as far as I can see.
David Rosenberg
It's obvious that asset inflation has emerged as a chief policy concern. It complicates the policy picture going forward.
David Rosenberg
Investors should be focused on regions where there are healthy balance sheets and high personal savings rates. Areas where there will be appreciating currencies, where there is pent-up demand and where there is an ability among policy makers to spur that pent-up demand.
David Rosenberg
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Based on Keywords: pent-upA sense is what has the power of receiving into itself the sensible forms of things without the matter, in the way in which a piece of wax takes on the impress of a signet-ring without the iron or gold.
Aristotle
Go see it and see for yourself why you shouldn't go see it.
Samuel Goldwyn
Every man is his own ancestor, and every man is his own heir. He devises his own future, and he inherits his own past.
Frederick Henry Hedge