Gluskin Sheff & Associates Inc., the second-best performing publicly traded money manager in Canada this year, bought stakes in Suncor Energy Inc., Whitecap Resources Inc. and other oil providers as it focuses on high- yielding dividend stocks.
Higher oil prices, the threat of a European recession and an uncertain tax policy that may derail the economic recovery have convinced the Federal Reserve to keep interest rates low, according to Gluskin Sheff & Associates Inc.’s David Rosenberg.
Sept. 11 (Bloomberg) -- David Rosenberg, Chief Economist at Gluskin Sheff & Associates, talks with Bloomberg's Tom Keene about the prospects for quantitative easing from the Federal Reserve and the price of financial repression. He speaks on Bloomberg Television's "Bloomberg Surveillance."
The U.S. economy is contracting again, a sign that the recession never really ended, and the unemployment rate will exceed 10 percent, said David Rosenberg , chief economist at Gluskin Sheff & Associates Inc., a wealth management company, in Toronto.