ROSENBERG: 'The Chances Of A Recession In The Next Year Or Two Are Close To Zero'

Advisor Perspectives ^ | 3-4-2014 | Robert Huebscher

[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 we’re 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.

(snip)

[blam]

I think this is the same guy, who a couple years ago, told us that we'd have crashed & burned by now.

[Old Sarge]

But we’re only in the “fourth or fifth inning of the business cycle,”

Isn't this one of the metrosexuals who during the Clinton years said "We beat the business cycle"...

[SkyDancer]

Close to ZeroBama?

[mountn man]

'The Chances Of A Recession In The Next Year Or Two Are Close To Zero'

Yeah, the economy is so bad, we have zero chance of moving from a depression to a recession.

[Berosus]

How are the chances for a recovery from the 2009 recession? We haven’t seen that around here yet.

[buffyt]

But a crash/recession THIS year is FOR SURE

[rktman]

That would probably be true since we never actually “turned the corner” or got on the “road to recovery”.

[buffyt]

FOR SURE!

[Beagle8U]

Dow +235.05
16,403.08
+1.45%

Nasdaq +73.46
4,350.76
+1.72%

S&P +27.67
1,873.40
+1.50%

[Dallas59]

We never got out of the 2007-8 recession!

[WinMod70]

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.

[Red Badger]

Good, cuz we ain’t finished with this one yet..................

[SoFloFreeper]

[ozzymandus]

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.

[faithhopecharity]

He brings us bad news. It would be good to move up out of the Great Obama Depression into a mere recession.

[DoughtyOne]

It's March 1930, and Hoover says, "There is no chance of a recession this year..."

When you're right, you're right...

[vetvetdoug]

Rope a dope. The left hook is gaining momentum. So far, Ann Barnhardt has been closer to the truth than anyone else. I guess with no one preparing for a crash, the masses will be easier to control when they have nothing left.

[Beagle8U]

It proves nothing but the market is up.

[CodeToad]

““It takes a lot to shock the U.S. economy into a recession,” Rosenberg said. “

Which is why it is done so often?? Idiot.

[CodeToad]

It was up during the other Great Depression, too.