David Rosenberg
David Rosenberg
David Rosenberg, born in 1965, is a French art curator and author, specialized in modern and contemporary art...
ProfessionMusical.ly Star
Date of Birth19 April 1997
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Energy and raw material demand in China has been one of the key drivers behind the strength in commodities. If China is raising rates and trying to slow growth, then we may see some tempering in those pressures.
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The SARS virus may not have much of a direct impact on U.S. growth -- though we would look for some spillover to the consumer confidence data.
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The whole view that this was going to be over quickly and it would be off to the races was just pie in the sky. My sense is that this could easily drag on for months. At what point does that hit people like a two-by-four?
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Fed action is not a fait accompli -- weakness might have to extend through the second half to lead to a Fed cut.
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Pretty heavy to where the average person would bore pretty quickly. This magazine has none of that. This magazine focuses on faith stories
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Bizarre is not a strong enough word. We've never seen productivity growth this strong headed into the fifth year of a business expansion.
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Technology is helping productivity. But right now it's coming at the expense of employment.
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As the economy continues to slow and inflation remains benign we expect the Fed will be in easing mode by the second half.
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Corporate America is just a productivity machine. Non-farm businesses were able to boost their output at a 3.5 percent annual rate and cut payroll hours at an over 2 percent rate. So 40 percent of the productivity increase came from the backside of the workforce.
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Washington pundits expect such a bill to include the repeal of the Public Utility Holding Company Act, which could lead to a wave of mergers in the utility sector.
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There's nothing in the tea leaves telling us we'll be seeing much labor-market buoyancy for several months.
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We estimate the near-term loss in terms of output, employment and income in the affected area coupled with the surge in energy costs that impacts everyone will offset any future rebuilding by a factor of two to one.
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That will just reinforce the slowdown in consumer spending.
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We have one of the weakest growth rates ever during a tightening cycle, and we have to ask the question why the Fed still believes it is accommodative at 3.75 percent,