ROSENBERG: 'The Economy Is Starting To Fire On All Cylinders For The First Time This Cycle'

Bi ^ | 9-19-2014 | Elena Holodny

[blam]

Elena Holodny
September 19, 2014

David Rosenberg, Chief Economist & Strategist at Gluskin Sheff, surprised everyone when he adopted a more bullish view in 2013.

On Friday he released a research note that included a brief and pretty optimistic summary of the US economy.

Here's what it said:

United States

In the US, the economy is starting to fire on all cylinders for the first time this cycle.

The strong US dollar is a source of margin support for importers which is great news for many consumer cyclicals. Tack on stepped consumer credit growth, job and wage gains, gasoline price relief, and we have the makings of a solid backdrop to this consumer space heading into the most important shopping season of the year.

Capex growth is picking up and spending plans on the rise, and so Industrials and Tech should be price focal areas — earnings revision ratios are now rising the fastest in the Industrials space, followed by Health Care and then Financials.

(snip)

[Repeal The 17th]

You had water?

[Fledermaus]

LOL. Delusion erupts!

[miss marmelstein]

I truly doubt it.

[Repeal The 17th]

I like John Wayne, see, we have something in common!

[Fledermaus]

ROFL

[Obama_Is_Sabotaging_America]

"Happy Days Are Here Again"

Wow, I think I'll vote 'DEMOCRAT' in November!!! /s

[bray]

Don’t you understand times are only bad when Republicans are in charge.

[kaehurowing]

Just ignore that money printing machine in the corner!

[ilovesarah2012]

We had Hamburger Helper without the hamburger, so technically we had Helper.

[kaehurowing]

And how do you know she’s a witch?

[Lazamataz]

David Rosenberg, Chief Economist & Strategist at Gluskin Sheff, surprised everyone when he adopted a more bullish view in 2013. On Friday he released a research note that included a brief and pretty optimistic summary of the US economy.

Lost his prediction terribly in 2013, so now he's doubling down.

Who does that sound like?

[miss marmelstein]

Go to hell and when you do, I hope you’re never out of work and have to put up with an Obama economy.

[Secret Agent Man]

bullsquat.

[skeeter]

Just in time for election season!

[tennmountainman]

Great news.

I can stop dumpster diving.

[Repeal The 17th]

If she weighed the same as a duck ... she’s made of wood,
and therefore ... a witch!

[Repeal The 17th]

Gee, that’s very Christian of you, thanks!
I pray for GOD’S blessings upon you and upon your family.
Maybe you need a nap?

[miss marmelstein]

You are a jackass who has expressed no Christian beliefs on this post until I called you out. Pathetic. I don’t nap - I leave that up to children like you.

[tomkat]

             

[Repeal The 17th]

Check your medications.