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David Rosenberg Quotes

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

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Lingering | Layoffs | Receding | Real | Wage |

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We would expect both to move back down to pre-Katrina levels in the near-term. - David Rosenberg

It is basically a subtle way to flash to the market that the negative economic consequences are resonating and that the Fed may not just look at this as a temporary soft patch this time. - David Rosenberg

Although an inverted yield curve does not always imply an economic recession, it has predicted a profit recession 100 per cent of the time. - David Rosenberg

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