David Rosenberg

Picking up where I left off in the last post regarding forward earnings, David Rosenberg has this to say: Intel enjoyed its best quarter ever at the peak of the inventory cycle. Well done. What we are grappling with is this. If the…

A graph today from David Rosenberg, Chief Economist for Gluskin Sheff (Toronto), shows one of the severe headwinds the recovery is battling.  C&I (commercial and industrial) lending remains at historically depressed levels. …

Another one from David Rosenberg before I end it for the night...seriously. This one is from his morning piece, but it applies equally well now: THE NEEDLE AND THE DAMAGE DONE The needle, in this sense, is the equity market, and the…

The U.S. long bond yield is edging lower with each and every passing day, and now stands below 3.90%. At the same time, we cannot help but notice the huge gap that still exists between 10s and 30s — nearly 100 basis points. There is…

This is just in from David Rosenberg: In the discussion about the outlook for U.S. Treasury bonds, the point must be emphasized that supply alone has been an inadequate focus for predicting future price/yield. You don’t have to do much…

David Rosenberg is out with a good post that takes on the double dip theme that everyone is talking about.  As you would expect, he has a bearish spin. To the degree you want counterfactuals, I really like what Morgan Stanley has to…

Link of the Day Time to Slip into Something Less Comfortable? – BusinessWeek The Usual Fare England 1-1 USA | World Cup Group C match report | Football | guardian.co.uk FDIC: Press Releases - East West Bank, Pasadena,…

David Rosenberg, Chief Economist at Gluskin Scheff, has the following graph showing the dramatic drop in mortgage applications for home purchases in the most recent report from the Mortgage Bankers Association.   It is interesting to…

David Rosenberg has a piece out that is relatively upbeat given the carnage in stock markets yesterday and his well-known bearish views.  He notes the positive to the recent market declines; they have taken the froth out of a few…

From his latest "Breakfast with Dave" missive. Well, I think the turbulent global events of the past few weeks underscore the reason why I have maintained a cautious investment approach for the past year, notwithstanding the…