David Rosenberg Economy Quotations

When you think of all the fiscal and monetary stimulus we've had, we should have the economy growing at 5 or 6 percent. The fact that we're not is the story.

If the economy continues to muddle through at around 2 percent annualized growth, we could very well slip into deflation in the next two years,

Out of those five times, the economy fell into recession 100 per cent of the time.

As the economy continues to slow and inflation remains benign we expect the Fed will be in easing mode by the second half.

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.

For an economy addicted to credit ... periodic interest rate spasms of the likes we are seeing today could easily derail the nascent turnaround from the 'growth recession' of the past nine months.

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 economy was already clearly losing momentum heading into Katrina.