{"id":7624,"date":"2010-02-03T11:08:31","date_gmt":"2010-02-03T16:08:31","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=7624"},"modified":"2016-09-20T06:02:36","modified_gmt":"2016-09-20T10:02:36","slug":"rosenberg-the-u-s-economy-is-looking-fatigued","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2010\/02\/03\/rosenberg-the-u-s-economy-is-looking-fatigued\/","title":{"rendered":"Rosenberg &#8211; The U.S. Economy is Looking &#8220;Fatigued&#8221;"},"content":{"rendered":"<p>We really love reading Mr. Rosenberg&#8217;s commentary. Mainly because he has <em>not <\/em>changed his argument against the U.S economy for a very long time. Even as we are seeing those famous &#8220;green shoots&#8221; during the past several months grow into saplings, he is still talking his talk.<\/p>\n<p>Every day, he brings us a <span style=\"text-decoration: line-through;\">ray of sunshine<\/span> cloudy outlook that provides us with<!--more--> another way to look at the data. Whether you like it or not, he is a good source of sensible information. Of course, he has been wrong on some matters&#8230;..<\/p>\n<p>According to <a href=\"https:\/\/ems.gluskinsheff.net\/index.ncl.html\">Mr. Rosenberg<\/a>.<a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/02\/moneyburning-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7625 alignright\" title=\"moneyburning\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/02\/moneyburning-1.jpg\" alt=\"\" width=\"265\" height=\"135\" \/><\/a><\/p>\n<blockquote><p>What a difference a year makes. A year ago, China was embarking on massive fiscal and credit stimulus, it was all about saving insolvent banks and it was all about fiscal reflation. Now, it is the opposite, China is withdrawing the stimulus, as is the U.S, and being critical of banks has become a pastime.<\/p>\n<p>\u201d\u00a2 The U.S. consumer looks fatigued<\/p>\n<p>\u201d\u00a2 The U.S. economy would be contracting without the stimulus<\/p>\n<p>\u201d\u00a2 Don\u2018t uncork the ISM champagne just yet<\/p>\n<p>\u201d\u00a2 U.S. labour market angst continues unabated \u201d\u201d there are now 19 states with a jobless rate topping 15%<\/p>\n<p>\u201d\u00a2 More good news for the Republican party<\/p>\n<p>\u201d\u00a2 U.S. housing still in the doldrums \u201d\u201d total shadow inventory continues to raise, homeownership rate continue to fall<\/p>\n<p>\u201d\u00a2 Hey, the news isn\u2018t all that bad \u201d\u201d indeed, the U.S. earnings season is actually coming in quite decent<\/p><\/blockquote>\n<p>___<\/p>\n<p>Disclosure: <a title=\"Horowitz &amp; Company\" href=\"http:\/\/www.horowitzandcompany.com\">Horowitz &amp; Company<\/a> clients may hold positions of securities mentioned as of the date published.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We really love reading Mr. Rosenberg&#8217;s commentary. Mainly because he has not changed his argument against the U.S economy for a very long time. Even as we are seeing those famous &#8220;green shoots&#8221; during the past several months grow into saplings, he is still talking his talk. Every day, he brings us a ray of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[481,483],"class_list":["post-7624","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","tag-markets","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/7624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=7624"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/7624\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=7624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=7624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=7624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}