Prices in the U.S. may increase more than many expect this year, says David Rosenberg. That’s a 180- degree turn for the economist who not long ago correctly predicted a declining inflation rate, a view now prevalent among his peers.
The Standard & Poor’s 500 Index may extend its plunge from a 19-month high if it falls below levels watched by analysts who follow the numerical pattern known as the Fibonacci sequence, David Rosenberg said.
Pacific Investment Management Co.’s Bill Gross and David Rosenberg , chief economist at Gluskin Sheff & Associates Inc., said June’s employment report indicates sluggish job growth and a slowing economy.
Treasury yields will keep falling amid slowing growth and fading stimulus measures until a “dramatic and sustainable” improvement in the economy stops them, said David Rosenberg of Gluskin Sheff + Associates.
David Rosenberg, chief economist and strategist at Gluskin Sheff & Associates Inc., said the U.S. economy faces more challenges in 2012 than last year, while he backed away from his prediction the nation was facing a near- certain recession.
David Rosenberg , chief economist at Gluskin Sheff & Associates in Toronto, commented in an interview with Betty Liu on Bloomberg Television’s “In the Loop” program on the outlook for the euro zone as governments and central bank policy makers try to prevent the sovereign-debt crisis from getting worse.
David Rosenberg, chief economist and strategist with Gluskin Sheff & Associates Inc., usually spends the first Friday of the month poring over U.S. labor-market data. Today, he’s planning a different kind of crunching.