Rosenberg Round-Up

This episode delves into Powell's rate guidance, U.S. consumer insights from earnings reports, upcoming Bank of England meeting, in-depth analysis of the U.S. labor market data, and Canada's challenges with a soft landing despite growth prospects.

This week, we dig into the combination of weak growth and hot consumer price inflation that nobody saw coming in the U.S. GDP report. Our spotlight is focused on Central Bank gold buying. The Week in Review (0:54) — Our take on Q1 GDP, U.S. equities, and the risks in private markets The Week Ahead (8:10) — Nonfarm payrolls will headline a busy week The Spotlight (8:33) — Sustained central bank gold buying keeps our long-term $3,000 target intact For a 30-day free trial of our research, click here: ⁠https://web.rosenbergresearch.com/RosenbergRoundupTrial⁠

David Hay, co-CIO of Evergreen Gavekal, discusses AI, Gold, fiscal policies, and how investors are positioned improperly. He compares AI tech excitement to the 90s internet boom, warns of inflation trends, and explores risks in housing and auto industries.

This week, our spotlight is on our recent report on the wealth effects and its role as the driving force behind spending. The Week in Review (1:19) — Markets at an inflection point as Fed cuts get pushed back The Spotlight (8:22) — Wealth effects have put the wind in the U.S. consumer’s sails Canada Corner (13:20) — We give the 2024 Budget a D- grade For a 30-day free trial of our research, click here: ⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial⁠

This week we try to extract some meaning from a weird and wacky Wednesday, when a slightly warmer-than-expected CPI number sent markets haywire. Later, we shine our spotlight on the implications of the gold run-up for mining stocks and silver prices. The Week in Review (1:19) — Weird Wednesday The Week Ahead (7:18) — Listen carefully to the Fedspeak The Spotlight (8:44) — Will silver prices and mining stocks benefit from the gold surge? Canada Corner (12:38) — The Bank of Canada (and the ECB) set out the path for rate cuts For a 30-day free trial of our research, please click this link: ⁠⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial Access our latest Special Report on Gold: https://web.rosenbergresearch.com/gold-special-report

This week, our spotlight is on our recent gold special report, along with a touch on some other commodities. The Week in Review (2:08) — A spring thaw in the U.S. data (but can it last?) The Week Ahead (5:17) — All eyes on the BoC and ECB for a dovish tilt, and the U.S. CPI key for what the Fed says next The Spotlight (6:12) — Gold to $3,000? And should we be worried about broader commodity prices? Access our latest Special Report Why Gold Is Glittering — And Why It’s Headed For $3,000: https://web.rosenbergresearch.com/gold-special-report For a 30-day free trial of our research, please click this link:  ⁠⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial

This week, we look back at some housing data and why there has been a pivot in that space. Our spotlight focuses on regional banks and why caution is warranted. The Week in Review (3:10) — Is housing becoming a buyer's market?  The Spotlight (6:06) — What do regional banks and rocket ships have in common? Canada Corner (10:07) — Time to “smash the emergency glass” according to the Bank of Canada For a 30-day free trial of our research, please click this link: ⁠⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial

This week, we dissect the Fed’s pleasingly boring meeting amid a poor run of data. Our spotlight is on the worrying fiscal situation in the U.S., and when to start panicking. And Canada Corner is back in style.    The Week in Review (2:52) — Powell Plays the Central Banker   The Week Ahead (6:29) — U.S. Personal Consumption Expenditures Drop on the Friday Holiday The Spotlight / Interview (7:00) — What to worry about when it comes to the U.S. debt, with U of T’s Jason Choi. Canada Corner (19:29) — Core inflation is behaving – Bring on the Bank of Canada cuts! For a 30-day free trial of our research, please click this link: ⁠⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial

This week, we dissect recent inflation data and ask what it means for next week’s Fed meeting. Our spotlight focuses on Korea and its Japan-esque potential.  The Week in Review (1:05) — How this week’s data shifted the narrative The Week Ahead (7:38) — All eyes on the Fed The Spotlight (9:57) — Does Korea deserve a place on your watchlist? For a 30-day free trial of our research, please click this link: ⁠⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial

This week, we get deep on the big market themes, discussing the rally in gold and Bitcoin, and pondering “where to?” for equities? Our spotlight interview focuses on why we’re sticking to our bullish long-term call on Japan.  The Week in Review (0:43) — Assessing the markets from, bullion to equities to bitcoin The Spotlight / Interview (8:30) — Japan: a good time to stop and smell the cherry blossoms Canada Corner (15:38) — Tiff stiffs the bond bulls For a 30-day free trial of our research, please click this link: ⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial