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What Jeremy Siegel, Paul Krugman And 5 Others Have To Say About The Housing Market
Thursday, December 8, 2022 - 12:24pm | 728Read More...The alarm is sounding for American homeowners trying to sell their home, as rising mortgage rates frighten away purchasers. And, the U.S. housing market recession is only going to get worse, according to analysts. According to recent data, existing home sales fell 28.4% in October, marking the...
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Result Season Isn't About The U.S. Economy, But The Impact Of The Rising Dollar
Wednesday, April 22, 2015 - 2:15pm | 432Read More...The U.S. dollar has seen a tremendous rise in the last couple of months, causing significant impact on the top line and bottom line of multinational corporations (MNCs) who derive most of their revenue from outside the U.S. However, are investors willing to give that a pass and show confidence in...
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Market Wrap For February 10: Markets Cautious Ahead Of Yellen Testimony
Monday, February 10, 2014 - 5:47pm | 3302Read More...U.S. stocks traded mixed today as investors are anxiously waiting for Tuesday's testimony from Janet Yellen. Yellen will make her first appearance before the U.S. House of Representatives with a Senate session scheduled for Thursday. Elliot Spar, market strategist at Stifel told CNBC that "...
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Can Bernanke Pull a Rabbit Out of His Hat?
Monday, September 19, 2011 - 12:57pm | 909Read More...Is Ben Bernanke a magician? Gluskin-Sheff's David Rosenberg was on CNBC a while ago, and discussed a wide variety of economic topics, including Greece, the financial markets, and the housing sector. What is even more interesting is comments he wrote last week about a potential shock and awe move...
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David Rosenberg Says Bye-Bye To The "Put"
Thursday, August 18, 2011 - 2:38pm | 301Read More...Yesterday, Dallas Fed President Richard Fisher talked about the "Bernanke put" and the potential end to it. During the late 1990's and the early 2000's, we had the "Greenspan put." David Rosenberg, the notoriously bearish economist from Gluskin Sheff & Associates is saying good bye to those "...
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Great Depression 2.0: You've Got Nothing
Monday, August 8, 2011 - 12:02pm | 769Read More...What was a recession is now starting to look like a full blown depression. Bank of America (NYSE: BAC) is being sued by AIG (NYSE: AIG) for $10 billion. This is both ironic, hilarious and depressing, as AIG nearly caused the financial crisis in 2008, and could lead to starting another with this...
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Operation Twist 2: How to Trade Tomorrow's FOMC Meeting
Tuesday, June 21, 2011 - 9:09am | 538Read More...All eyes and ears will be on Ben Bernanke tomorrow, and everyone will be listening and analyzing every single words, dissecting it a million different ways. The Federal Open Market Committee (FOMC) is holding its two-day meeting which starts today, and the decision will be released tomorrow at 12:...
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David Rosenberg Says We Will Have A Recession By 2012
Monday, June 13, 2011 - 12:52pm | 50Read More...David Rosenberg, chief economist at Gluskin Sheff & Associates was on Bloomberg this morning and said that there is a 99% chance that we will have a recession by 2012. Rosenberg is famous for being bearish and called the most recent recession in 2008.
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David Rosenberg Sees Another Recession Coming (KFT, ABX, XOM, SLW)
Monday, March 21, 2011 - 12:58pm | 280Read More...Noted bear David Rosenberg of Gluskin-Sheff was just on CNBC and Rosenberg thinks we may be headed for another recession, and that there are more risks to the recovery than there were in 209. Rosenberg said he sees a recession on the horizon, as food and energy costs are going to hit the consumer...
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Ben Bernanke: Are You Kidding Me?
Friday, January 7, 2011 - 12:29pm | 436Read More...In testimony today before the Senate Budget Committee, Federal Reserve Chairman Ben Bernanke, said that it will take 4-5 years to get back to normal unemployment. Bernanke defended QE2, and said that Congress needs to reduce the federal deficit. “We have seen increased evidence that a self-...
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Rail Traffic Says The Economy Is Growing, So Stop Worrying! (CSX, UNP, NSC)
Thursday, September 30, 2010 - 10:49am | 288Read More...Rail traffic rose to 692,500 rail cars last week, making it the best week in nearly two years. As indicated by this chart, rail traffic slipped during Labor Day, but has rebounded sharply as I had expected it would. As rail traffic has continued to increase, the rail stocks, in particular CSX (...
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David Rosenberg Says Everyone Is Now Starting To See How Bad It Is
Friday, August 6, 2010 - 11:55am | 124Read More...Famed economist David Rosenberg of Gluskin-Sheff says people are finally coming to grips on how bad the economy is as the Federal Reserve looks to be warming towards a second round of quantiative easing. Rosnberg said in a TV interview, "We need a little perspective on the economic backdrop because...
