Rosenberg Round-Up

This week, we discuss the scattered early signals on Q1 activity. Our Spotlight is on how “exceptional” the U.S. growth acceleration was in a global context.  The Week in Review (1:55) — The “choose your own adventure” economy The Spotlight (6:23) — The new U.S. (economic) exceptionalism Canada Corner (13:02) — Canada narrowly escapes a recession, but it’s not getting any wealthier For a 30-day free trial of our research, please click this link: ⁠⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial

This week we discuss the Fed Minutes along with the LEI. Our spotlight is on the Nifty Fifty and how history tends to rhyme.    The Week in Review (1:18) — Spending a ‘minute’ on the Fed and a look at the LEI The Week Ahead (5:27) — All eyes on consumer spending and consumer inflation data The Spotlight (5:42) — The Nifty Fifty and the Magnificent Seven have a lot in common Canada Corner (8:09) — Will the latest inflation data bring forward the BoC's first cut?  For a 30-day free trial of our research, please click this link: ⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial

This week we sit down with Dave Rosenberg to talk about the hot start to the year for equity markets and the U.S. economy as a whole. Dave outlines why we don’t see enough in the early data to drop our 2024 recession call.   Introduction (0:20) The Week in Review (0:41) — Reflecting on a disappointing CPI number The Week Ahead (1:37) — Fed minutes to provide clarity on what might give the FOMC the “confidence” to cut The Spotlight (2:15) — How the top end of the income distributions drives the consumer spending cycle The Interview (4:11) — Dave Rosenberg on why we’re sticking to our guns Canada Corner (13:34) — Will the Bank of Canada end up cutting before the Fed?  For a 30-day free trial of our research, please click this link: ⁠ https://web.rosenbergresearch.com/RosenbergRoundupTrial Access the recent webcast with Peter Boockvar: https://www.bigmarker.com/rosenberg-research1/Replay-Webcast-with-Dave-Featuring-Special-Guest-Peter-Boockvar-611062d65431d502a7ca8eb5

This week, we take a look into U.S. household debt and credit, finding that consumers are looking far from “resilient.” We also host Marius Jongstra, head of market strategy at Rosenberg Research, for his latest views on the major asset classes. Introduction (0:20) The Week in Review (0:44) — Diving into the U.S. credit data via the SLOOS and NY Fed’s Household Debt and Credit report The Week Ahead (2:27) — Some huge data releases on deck headlined by U.S. CPI and retail sales The Spotlight (2:58) — Fed undershoot? Why we think the Fed’s average inflation-targeting framework won’t be an issue The Interview (6:34) —Marius Jongstra on the markets Canada Corner (11:21) — Home sales are beginning to pick up while prices falter For a 30-day free trial of our research, please click this link: ⁠https://web.rosenbergresearch.com/RosenbergRoundupTrial

This is the Rosenberg Round-Up, hosted by Dylan Smith, Senior Economist at Rosenberg Research. On this week’s episode, we host Bhawana Chhabra, CFA, Senior Market Strategist at Rosenberg Research, for a look at her new report on the US equity market titled “What’s Priced In.” Introduction (0:20) — Welcome to another week of Rosenberg Round-Up The Week in Review (1:12) — Diving into the latest Fed meeting, ISM manufacturing report and Non-Farm payrolls The Week Ahead (6:35) — Earnings in focus next week The Spotlight (7:00) — A U.S.-focused follow-up to our Global Outlook The Interview (9:01) — We chat with Bhawana Chhabra, CFA, about What’s Priced In Canada corner (14:21) — A look at Canadian GDP For a 30-day free trial of our research, please click this link: https://web.rosenbergresearch.com/RosenbergRoundupTrial

Welcome to the inaugural episode of Rosenberg Round-Up, hosted by Dylan Smith, Vice President and Senior Economist at Rosenberg Research. On this week's episode, we host David Rosenberg for his outlook on the year ahead. Introduction (0:20) — Welcome to the Rosenberg Round-up The Week in Review  (1:43) — S&P 500 hits new all-time high, but we’re not convinced  The Week Ahead  (3:27) — Here’s looking at you, Chairman Powell The Spotlight  (3:45) — A QT pivot is coming into view  The Interview  (6:38) — We chat with Dave Rosenberg about our 2024 Outlook Canada corner  (20:05) — Whisper it quietly, but we think the BoC is trying to pop the housing bubble