We are clearly in a state of economic uncertainty and the prudent thing to do in such times is to do nothing at all.
More Quotes from David Rosenberg:
If the Fed is truly data dependent, then what matters most...is the data flow for the second quarter. What do we know about the second quarter Well, not that much, but what we do know suggests a slowing to around a 2.5 annual rate.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
One has to wonder how long the consumer can continue to spend at ... dizzying rates without a material improvement in the labor market.
David Rosenberg
Out of those five times, the economy fell into recession 100 per cent of the time.
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
Whether it's lingering layoffs, receding real wage growth or cutbacks in healthpension benefits, corporate America is now in the process of shifting its lack of pricing power onto the backs of its workforce.
David Rosenberg
Readers Who Like This Quotation Also Like:
Based on Topics: Economics Quotes, Moderation & Temperance QuotesTechnique is the test of sincerity. If a thing isn't worth getting the technique to say, it is of inferior value.
Ezra Pound
Experience teaches us that we do not always receive the blessings we ask for in prayer.
Mary Baker Eddy
From the beginning, we promised folks that they'll see whatever event we cover in its entirety, from gavel to gavel - whether it's the House of Representatives or the Senate. That's the whole reason for being.
Brian Lamb