David Rosenberg News
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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.
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Mark Carney leaves the Bank of Canada this week receiving praise for sparing the country the worst of the global recession even as he bequeaths to his successor an economy saddled with consumer debt.
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When it comes to the U.S. economy, the glass may not be half empty after all.
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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.
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Economist David Rosenberg and investor Marc Faber have wagered a bottle of scotch whisky on whether U.S. 10-year Treasury yields can go lower than 2 percent.
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The U.S. economy is “one giant soft patch” on the verge of a recession, economist David Rosenberg of Gluskin Sheff & Associates Inc. in Toronto, said today.
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Companies such as Loblaw Cos. Ltd. and Maple Leaf Foods Inc. that sell household staples are reaping the rewards as Canadian shoppers turn more frugal amid record consumer debt.
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U.S. Treasury securities will “retest the lows in yields we had in 2008,” said David Rosenberg , chief economist at Gluskin Sheff & Associates Inc. in Toronto.
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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."
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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.
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