Rosenberg stock market

Eeveryone living in America today has a higher standard of living than the President and his family had 90 years ago.

Economist David Rosenberg: Booming Stock Market Is in Denial - Newsline

In trying to answer "When will the Fed tighten enough to cause the next recession", Deutsche Bank says that while current market expectations suggest the next recession or at least the next Fed tightening that would be forceful enough to cause a recession could still be many years away, the bank " thinks this is too optimistic.

This year, the first Baby Boomers turned 70, and that spells trouble for the economy and financial markets We probably will have a recession next year. Ontario will impose a 15 per cent tax on residential real estate purchases by anyone who is not a citizen or permanent resident , if they are not living in the province.

Called the "Non-Resident Speculation Tax," it is similar to the tax imposed in Metro Vancouver last year. We have to actually take a look at the situation.

The housing market here is in a classic price bubble. In fact, there have been absolutely ZERO times in history that the Federal Reserve has begun an interest rate hiking campaign that has not eventually led to a negative outcome. It is where the point where previous limits were reached.

While the media has focused on employment, record stock market levels, etc. It's not like Ronald Reagan at all in that regard.

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Gluskin Sheff's Rosenberg: Bear Markets Don't Start Until Recessions Do

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Goldman Sachs sees US inflation expectations as 'well anchored DAILY US EQUITY OPENING NEWS: Nike NKE may begin selling directly Iran Oil Minister Zanganeh says OPEC considering deeper cuts but No further Greek bank recapitalisation is foreseen at this stage Government's priority is to secure the Perrigo retains Spencer Stuart for CEO search.

David Rosenberg News, Articles & Images | Financial Post

Foot Locker trades down after possible Nike shift to Intel, Team8 to collaborate on cyber security, Reuters reports. Kroger CFO says industry 'highly competitive'. Honeywell initiated with a Buy at HSBC. Foot Locker weakness a buying opportunity, says Cowen. Loews Hotels announces partnereship with KC Hotel Developers.

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