He is the founder of Rosenberg Research and the former chief economist at Merrill Lynch — and he called the 2008 recession.
Rosenberg ResearchRosenberg's model takes into account stock valuations, investor sentiment, market technicals, investor positioning, and macro fundamentals.
Here's The Conference Board's Leading Economic Index, which bundles together manufacturing data, bond and stock market performance, housing market activity, and consumer sentiment data.
The economy doesn't jump from a tight labor market to layoffs," Rosenberg said in a note on Friday.
Labor market and inflation data in the months ahead will tell the story for the US economy.
Persons:
David Rosenberg, Merrill Lynch —, Rosenberg, It's, —, Louis, GMO's Jeremy Grantham, Societe Generale's Albert Edwards
Organizations:
Rosenberg Research, Business, Research, Federal Reserve Bank of St, CNN, National Federation of Independent Businesses, Rosenberg, Societe Generale's, Federal, Labor, CPI