David Rosenberg Rates Quotations

We have one of the weakest growth rates ever during a tightening cycle, and we have to ask the question why the Fed still believes it is accommodative at 3.75 percent,

When rates back up, growth slows quickly. Fully three-quarters of the time in the past five years when we endured a bond yield spasm like we have seen since mid-January, GDP (Gross Domestic Product) growth slowed the following quarter and by an average of one percentage point.

When rates back up, growth slows quickly. Fully three-quarters of the time in the past five years when we endured a bond yield spasm like we have seen since mid-January, GDP (Gross Domestic Product) growth slowed the following quarter and by an average of one percentage point.

When rates back up, growth slows ... quickly. Fully three-quarters of the time in the past five years when we endured a bond yield spasm like we have seen since mid-January, GDP (Gross Domestic Product) growth slowed the following quarter and by an average of one percentage point.

When rates back up, growth slows . . . quickly. Fully three-quarters of the time in the past five years when we endured a bond yield spasm like we have seen since mid-January, GDP (gross domestic product) growth slowed the following quarter and by an average of one percentage point.

Energy and raw material demand in China has been one of the key drivers behind the strength in commodities. If China is raising rates and trying to slow growth, then we may see some tempering in those pressures.

One has to wonder how long the consumer can continue to spend at ... dizzying rates without a material improvement in the labor market.

There is the pre-Katrina economy and the post-Katrina economy. Any number that's going to be important for stocks and bonds is not going to be in government reports. The most important data near-term are going to be energy futures. Those are going to be key indicators as far as interest rates are concerned.

It may be that low rates are not the only help the economy needs. But we could be in even rougher shape without monetary ease, and 80 percent of what the Fed's already given us is behind us. We could use another dose.

It may be that low rates are not the only help the economy needs, ... But we could be in even rougher shape without monetary ease, and 80 percent of what the Fed's already given us is behind us. We could use another dose.

The Fed seems intent on raising rates through this Katrina business on the view that the pending rebuild stimulus will trump the near-term economic loss.