Rosenberg Round-Up Rosenberg Research
-
- Business
Providing investors with key macro and market developments, insightful data analysis, and actionable ideas that are top of mind for the Rosenberg Research team in the the week ahead.
-
Setting the Record Straight on Household Balance Sheets
This week, we cover the latest signal from earnings, and we go toe-to-toe with the KC Fed on household balance sheets
The Week in Review (0:36) — AI-related stocks soar on strong earnings while consumers tighten their belts
The Week Ahead (4:11) — The Beige Book will bring the latest signal from the real economy
The Spotlight (5:01) — Why it’s wrong to think that a “record” low debt-to-income ratio means households can keep spending
Canada Corner (8:38) — Another promising inflation report out of Canada
For a 30-day free trial of our research, click here:
https://web.rosenbergresearch.com/RosenbergRoundupTrial -
Not Your Father’s (or Grandfather’s) Emerging Markets
This week, we cover the trifecta of soft data that’s sent stocks to new highs. Our spotlight shines on Emerging Market stocks, and what the (eventual) fall in global interest rates will mean for them.
The Week in Review (1:21) — Why softening U.S. data has pushed the S&P 500 to new highs
The Spotlight (8:42) — Not your grandfather’s Emerging Markets
For a 30-day free trial of our research, click here: https://web.rosenbergresearch.com/RosenbergRoundupTrial -
It’s Not a Drag Getting Old: An Emerging Investment Theme
This week, what a slowdown in nonfarm payrolls meant for markets, and how to position for the opportunity in America’s aging capital stock.
The Week in Review (1:06) — A rare weak employment report and the Swedish Riksbank cuts rates
The Week Ahead (7:19) — CPI and retail sales headline a big week for macro data
The Spotlight (7:41) — Who will benefit from the replacement and repair of America’s private capital stock?
For a 30-day free trial of our research, click here:
https://web.rosenbergresearch.com/RosenbergRoundupTrial -
Laboring Over the Job Market Misconceptions
This week, we look back on Powell’s pushback, shine our spotlight on the labor market data, and drop by Canada to check in on growth prospects.
The Week in Review (1:30) — Powell holds the line on rates guidance, and what earnings reports are telling us about the U.S. consumer
The Week Ahead (7:32) — The Bank of England meeting headlines a crowded international calendar
The Spotlight (8:47) — We dive deep into the U.S. labor market, from coming NFP revisions to industry-level slack
Canada Corner (15:35) — Canada has not dodged a soft landing
For a 30-day free trial of our research, click here: https://web.rosenbergresearch.com/RosenbergRoundupTrial -
The Downside GDP Surprise was Less Than Surprising
This week, we dig into the combination of weak growth and hot consumer price inflation that nobody saw coming in the U.S. GDP report. Our spotlight is focused on Central Bank gold buying.
The Week in Review (0:54) — Our take on Q1 GDP, U.S. equities, and the risks in private markets
The Week Ahead (8:10) — Nonfarm payrolls will headline a busy week
The Spotlight (8:33) — Sustained central bank gold buying keeps our long-term $3,000 target intact
For a 30-day free trial of our research, click here:
https://web.rosenbergresearch.com/RosenbergRoundupTrial -
How Investors Should Prepare For the Day of Fiscal Reckoning | David Hay
We welcome author, investor, activist, thinker, and co-CIO of advisory firm Evergreen Gavekal, David "The Haymaker" Hay onto the Rosenberg Round-Up.
Our interview with Dave marks the inaugural episode of a series of standalone interviews that will run alongside the weekly Roundup on a (roughly) 1-month cadence. In the series, we'll take you deeper on a range of topics with recognized experts.
In this episode, Dave frames today's main market themes (from AI to Gold to fiscal policy to the Fed) from the perspective of broad cycles of economic and social history, and explains how the median investor is positioned "exactly improperly" for the risk environment that has built over the past decade.
For more on David Hay visit his Substack, "Haymaker": https://haymaker.substack.com/
For a 30-day free trial of our research, click here: https://web.rosenbergresearch.com/RosenbergRoundupTrial