16:45 Genuine question, why is it called price gouging? Wouldn’t that just be called price discovery. If suddenly there is more demand because consumers have more money in their pocket. Wouldn’t that just be the new price equilibrium? I think calling these things price gouging is disingenuous and misleads your avg American into blaming businesses rather than the broader fiscal/monetary policy.
The stock market is now a trailing indicator and not a leading indicator. The stock market is now primarily driven by passive investment. This amplifies the upswings and some postulate may amplify the downswing. The downswing postulate is yet to be fully tested. The passive investment could continue to be fed into the stock market through a recession and a falling stock market.
It seems that people are unconscious about future power needs - as if they are irrelevant. Erik always asks the "just right" questions. Energy mostly goes into gas tanks. Now I get it.
Ah yes inflation caused by businesses price gauging….. hey David, if inflation hasn’t bottomed out why then with the rapid raise of interest rates for the past 2 years can the Fed not get CPI down to 2 percent?
I remember David Rosenbergs steadfast deflation predictor to the recent huge inflation. I agree with Jim Bianco on last performance. Also no mention of currency debasement causing the inflation we just had (and are still having) 🤔
Bianco vs Rosie...time will tell. Another great interview Eric 👍
This guy was triggered regarding wars are inflationary 😂
So he doesn’t think anymore inflation is transitory? That’s what he was preaching us here two years ago.
Yea he’s been wrong for decades now
16:45 Genuine question, why is it called price gouging? Wouldn’t that just be called price discovery. If suddenly there is more demand because consumers have more money in their pocket. Wouldn’t that just be the new price equilibrium?
I think calling these things price gouging is disingenuous and misleads your avg American into blaming businesses rather than the broader fiscal/monetary policy.
The stock market is now a trailing indicator and not a leading indicator.
The stock market is now primarily driven by passive investment. This amplifies the upswings and some postulate may amplify the downswing. The downswing postulate is yet to be fully tested. The passive investment could continue to be fed into the stock market through a recession and a falling stock market.
My girlfriend has a crush on Rosie.
It seems that people are unconscious about future power needs - as if they are irrelevant. Erik always asks the "just right" questions. Energy mostly goes into gas tanks. Now I get it.
Perma bears in shock and awe 😂😂😂
Please invite optimists sometimes...
Pure deflationista
My dog is better than Erik in geopolitics :)
David has been wrong for last 5 years. Boring already to listen to his doomsday predictions.
5 years? More like 40 years
Ah yes inflation caused by businesses price gauging….. hey David, if inflation hasn’t bottomed out why then with the rapid raise of interest rates for the past 2 years can the Fed not get CPI down to 2 percent?
It is refreshing to listen to intelligent analysis, and thank you for avoiding the click bait approach to podcasting!
I'll take Rosenberg any day of the week.
David “Wrong for FOUR straight years” Rosenberg 🤡🥱🤣
I recall this guy agreeing with the FED that inflation is transitory?
They forget that we remember.
Private equity chyster. How do they continue to praise him?
I remember David Rosenbergs steadfast deflation predictor to the recent huge inflation. I agree with Jim Bianco on last performance. Also no mention of currency debasement causing the inflation we just had (and are still having) 🤔
Thanks
I love Patrick's BOLD prediction of NVDA's top signaling the TOP of the S&P. Wow, Bets anyone? This will be fascinating for us Market Junkies.