yeah, right... 
Posted on 09/19/2014 2:41:33 PM PDT by 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)
(Excerpt) Read more at businessinsider.com ...
Check yours or get some empathy, jackass.
Peace, out.
My family was so poor that our pasta was actually old shoe laces...............
Cool. Somebody has to give Barry some good news. Even if it is BS.
yeah, right...
Note that David's language is now of a stock promoter, not an economist, which has always been his highest and only use.
He and Business Insider deserve each other.
Once, long ago, this conversation ended when a guy said
he was born in a mud hut that he had to build by himself.
No one was able to top that.
Can’t remember the last time I had Beef.
Hamburg is $6 the Lb.
No telling what MacDonald is selling.
The Fed just adjusted GDP down to 2% for 2014. Median income is down. Housing starts down 14%.Work force is still declining. For rich economists benefitting from Fed pumping things are great. For what remains of the middle class even the price of milk and ground beef is outpacing what they can afford.
Pink Slime.
That is true of the chicken.
Not to jump into a perfectly good pissing match... but wow. I’m with Repeal The 17th. Try the decaf.
Pizza, doughnut and hamburger heavy industry are just booming but engineering is just so-so.
I thought maybe it was just me!
Looks like a buying opportunity to me.
That's assuming that 2 1/2 cylinders are normal.
Wow. I take it you really, really don’t like John Wayne?
Better times are ahead - this trickle up poverty crap being peddled by both political parties can't last forever.
I remember him, he was our neighbor and we used to give him our leftover shoelaces...........
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