We're not sure what to make of the fact that we find out from a reporter about comments that the Fed chairman made at a dinner two days earlier.
More Quotes from David Rosenberg:
This has nothing to do with whether the yield is too high or too low or whether it's over or undervalued. And it certainly has nothing to with foreign central bank activity. It's about the business cycle.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
Over the past three decades, the Fed tightened on eight occasions, five of these saw the yield curve invert,
David Rosenberg
If the economy continues to muddle through at around 2 percent annualized growth, we could very well slip into deflation in the next two years,
David Rosenberg
A Bush win is good for asset managers but bad for life insurance companies.
David Rosenberg
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
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