David Rosenberg Quotes


You need more than just the ability to spend, you need the incentive to spend. You're only going to start spending if you can prove to your board that your investment is going to pay off. - David Rosenberg



With the exception of the backward-looking Q4 GDP report, the data released today surprised to the downside. - David Rosenberg



With affordability at a 20-year low, we will be keeping a close eye on the inventory numbers in 2006. Demand has rolled over just when we're seeing supply peak. That's a prescription for a price adjustment. - David Rosenberg



Whether it's lingering layoffs, receding real wage growth or cutbacks in health/pension benefits, corporate America is now in the process of shifting its lack of pricing power onto the backs of its workforce. - David Rosenberg



When you think of all the fiscal and monetary stimulus we've had, we should have the economy growing at 5 or 6 percent. The fact that we're not is the story. - David Rosenberg



When rates back up, growth slows quickly. Fully three-quarters of the time in the past five years when we endured a bond yield spasm like we have seen since mid-January, GDP (Gross Domestic Product) growth slowed the following quarter and by an average of one percentage point. - David Rosenberg