Skip to Content

David Rosenberg: Never seen someone paint such a bullish economic scenario

 

  • David Rosenberg was very deflationary but switch courses 2 years ago and push high for high quality dividend stocks
  • 3:00 : Pro Inflationary Monetary Policy
  • 5:00: Low bond yields
  • 6:47: Not the 70s inflation, low unemployment by all measures despite low GDP, with zero productivity growth. Unemployment when GDP is at 3% will  come down even further
  • 10:00: Wage not increasing, wealth gap will change. He expects capacity to be filled up in the US. Companies have a lot of cash
  • 14:30: The change in perception of jobs
  • 17:10: The effect of this to the market – An investment situation you never see
  • 19:30: Mild Stagflation, steeper yield curve, slow raising raising rates. Financials and insurance companies are good business. Basic materials and gold as inflation rates. Cable Media, Entertainment
  • 22:00: Capital Replacement – Hardware and Software stocks
  • 22:46: SIRP – Safety Income at Reasonable Price morph to HIRP – Hedge Inflation at Reasonable Protection. Shorting government bonds, buying corporate credit, banks,  insurance
  • 23:47: One investment – Small Luxuries – Buying Cable and Media Companies
Kyith

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This site uses Akismet to reduce spam. Learn how your comment data is processed.