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Letter "D" » David Rosenberg Quotes
«Washington pundits expect such a bill to include the repeal of the Public Utility Holding Company Act, which could lead to a wave of mergers in the utility sector.»
«Maybe we only know when 'you are there' when we get the first financial calamity, which has been part and parcel of every tightening cycle over the past three decades,»
«It's obvious that asset inflation has emerged as a chief policy concern. It complicates the policy picture going forward.»
«For now we are assuming that the energy shock will dominate, suppressing growth in both 2005 and 2006. And the implications for earnings are negative.»
«It's more of a margin squeeze.»
«I'm not seeing any sort of big broadening out of inflation from the energy side. That's probably the overriding story.»
«This would provide the Fed some flexibility regarding future meetings.»
«I thought this was the most amazing thing you could do for people.»
«Although an inverted yield curve does not always imply an economic recession, it has predicted a profit recession 100 per cent of the time.»
«This has nothing to do with whether the yield is too high or too low or whether it's over or undervalued. And it certainly has nothing to with foreign central bank activity. It's about the business cycle.»

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