Skip to comments.ROSENBERG: 'The Chances Of A Recession In The Next Year Or Two Are Close To Zero'
Posted on 03/04/2014 11:52:35 AM PST by blam
ROSENBERG: 'The Chances Of A Recession In The Next Year Or Two Are Close To Zero'
Robert Huebscher, Advisor Perspectives
Mar. 4, 2014, 10:50 AM
Following a lackluster recovery that began in June 2009, many fear the U.S. is due for another recession, given that the average post-war economic expansion lasted five years. But were only in the fourth or fifth inning of the business cycle, according to David Rosenberg, who predicts growth in consumer and capital spending and positive returns for U.S. equities.
It takes a lot to shock the U.S. economy into a recession, Rosenberg said. None of the factors that historically triggered a recession such as a tightening move by the Federal Reserve are likely over the next two years, according to Rosenberg.
(Excerpt) Read more at businessinsider.com ...
Isn't this one of the metrosexuals who during the Clinton years said "We beat the business cycle"...
Close to ZeroBama?
Yeah, the economy is so bad, we have zero chance of moving from a depression to a recession.
How are the chances for a recovery from the 2009 recession? We haven’t seen that around here yet.
But a crash/recession THIS year is FOR SURE
That would probably be true since we never actually “turned the corner” or got on the “road to recovery”.
We never got out of the 2007-8 recession!
The economy is fine, been real good since around 2009, and will continue to be just peachy keen at least until 2016. Now if a dreaded “R” gets elected in 2016 the whole thing goes up in smoke and the homeless will reemerge. Do I need the “S” thingy.
Good, cuz we ain’t finished with this one yet..................
Proving what? What will you say tomorrow when the markets go down by the same amount? And what makes the stock market any proof of economic growth? There’s just no other place to put your money.
He brings us bad news. It would be good to move up out of the Great Obama Depression into a mere recession.
It's March 1930, and Hoover says, "There is no chance of a recession this year..."
When you're right, you're right...
It proves nothing but the market is up.
“It takes a lot to shock the U.S. economy into a recession, Rosenberg said. “
Which is why it is done so often?? Idiot.
It was up during the other Great Depression, too.
I agree that chances of a recession in the next year or two are close to zero and that’s because we’re still in one. Wonder what his prediction for a depression are.
So? Even after the crash of 29 the market gained it all back pretty quick.
If the market crashed again like it did in 29 paper dollars would be worthless too. Gold is impractical to use in barter, the markets are a safer bet today.
....,,,any professional that can say anything positive about the US Govt abused qnd intentionally mis-reported economy right now has to be a socialist/Marxist/ communist/liar earnestly spewing out more lies to support all of Obama’s lies or he is lying based on orders from whoever is signing his paycheck.
I guess you forgot that the dhimmicrats did everything they could to spoil the Hoover recovery plan
Do you know what I heard our deficit is?
One MILLION dollars!
He was the guy who said:
In 2005, when the housing market was booming, he was one of the first to say the bubble would burst. In 2006, when consumer prices were rising, he told investors to expect disinflation. In 2007, when the U.S. economy was still growing, he warned that a nasty recession was on the way.
He was right about that stuff, though maybe in the sense that a stopped clock is right twice a day: predict that what goes up must come down sooner or later, and you'll be right so long as you don't give an actual date.
The story is cherry-picking or spin, though. Maybe there won't be a recession in the near future because the inflation that he predicted last month is going to take off. Could be Rosenberg is erratic and a little crazy, or it could be that the papers just report when he says what they want to hear.
I don't know what to make of Rosenberg and his predictions, but just because he makes a certain prediction at a certain time doesn't make him an enemy of the people. If he simply told people what they wanted to hear because of ideology, he'd be worthless as an economic forecaster.
Did he also predict that the Russians would never invade the Ukraine?
The point wasn’t about markets. The point was that the people suffered regardless of the market.