All articles tagged with #rosenberg
Economist David Rosenberg dismisses the US Q3 GDP report's 4.3% growth as misleading, arguing that true growth is only about 0.8% after adjusting for government spending, imports, and savings decline, indicating underlying economic weakness amid debate over inflation and Federal Reserve policies.
Famed economist David Rosenberg warns that the current high stock valuations, with the Shiller CAPE ratio at its third-highest level ever, suggest negative returns ahead and indicate a price bubble, especially as economic indicators like slowing job growth and rising unemployment claims point to a potential downturn.
Economist David Rosenberg criticized the market's reaction to the hot Consumer Price Index (CPI) data on Wednesday, calling it "completely insane." Despite the 422-point slide in the Dow, stocks shrugged off benign Producer Price Index (PPI) data, with the Dow falling 200 points on Thursday.