David Rosenberg

Rising Mortgage Rates Could Spook Reluctant Home Buyers

The Huffington Post | Abby Wendle | Posted 05.25.2011

The rebound in interest rates may prevent already reluctant buyers from taking out a mortgage or refinancing their home according to a recent report f...

No New McMansions Were Sold In July

DailyFinance | DAN BURROWS | Posted 05.25.2011

As David Rosenberg, the presciently bearish chief economist and strategist at Canadian asset manager Gluskin Sheff told clients Thursday: "The high-en...

WATCH: Economists Take Two Extremely Different Views On U.S. Economy

The Huffington Post | William Alden | Posted 05.25.2011

Bloomberg hosted the wonkish equivalent of the Ultimate Fighting Championship on Wednesday, which pitted a famously pessimistic economist against a fa...

William Alden

Cautious Homeowners Not Seduced By Record-Low Interest Rates

HuffingtonPost.com | William Alden | Posted 05.25.2011

There's very little anyone can do to convince Americans to take out a mortgage. Mortgage interest rates are lower than they've been in at least 40 ye...

The Answer Is Blowin' in the Wind

Dan Dorfman | Posted 05.25.2011

Dan Dorfman

The myriad of views on direction of our flip-flop economy -- which will have a major voice in determining the outcome of the fall elections -- are enough to drive anyone nuts.

Economists See Increased Chance Of Double-Dip Recession

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Buried amidst the increasingly gloomy economic news of the last few weeks -- which includes stubbornly high unemployment, rising foreclosures and a gr...

David Rosenberg: 'If You Don't Believe In A Double Dip, It's Because The First Recession Never Ended'

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011

What if the recession never actually ended? That's the gloomy picture Gluskin Sheff economist and former Merrill Lynch economist David Rosenberg pain...

Are We in Another Bubble?

Eric Schurenberg | Posted 05.25.2011

Eric Schurenberg

While Nouriel Roubini believes we're finally pulling out of the current financial crisis, he says the next Big One will strike in six to 12 months.

Main Street Lags Far Behind Wall Street In Recession Recovery

BusinessWeek | Moira Herbst | Posted 05.25.2011

On the one hand, the Dow Jones industrial average once again danced around 10,000 last week. If U.S. gross domestic product rebounds as expected on Oc...

Rosenberg: Unemployment Will Hit 12-13%

Credit Writedowns | Edward Harrison | Posted 05.25.2011

David Rosenberg thinks the unemployment rate is headed much higher than anyone anticipates. If you recall, back in January when the stimulus package ...

David Rosenberg, Merrill Lynch's Recession Psychic, Inspired By Economic History

Bloomberg | Carlos Torres | Posted 05.25.2011

Dec. 30 (Bloomberg) -- David Rosenberg drew on inspiration from market-rules theorist Robert Farrell and asset-bubble historian Charles Kindleberger t...

Is This The Worst Crisis Ever?

Eben Esterhuizen | Posted 05.25.2011

Eben Esterhuizen

A bear market is only possible if there is a consensus that a financial crisis is significantly worse than ever before. And that is why we are currently in a bear market.

Merrill: U.S. Recession Has Begun

Silicon Alley Insider | Henry Blodget | Posted 05.25.2011

Merrill Lynch economist David Rosenberg says the US economy has entered the first full-blown recession in 16 years. The Telegraph: "According to ...

Merrill Lynch Predicts Recession

Silicon Valley Insider | Henry Blodget | Posted 05.25.2011

Two major Wall Street firms have finally thrown in the towel and are now calling for a recession. For a variety of reasons, Wall Street is usually lat...