Archive - Early Morning with Dave

A Made-In-Japan Rally

From tensions to technical talks — an uneasy calm to end the week

Jul 10 • David Rosenberg

Markets Take the Tit-for-Tat Military Strikes in Stride

Solid bids at the Treasury and JGB auctions could be a signal that the bond market correction has pressed the fatigue button

Jul 9 • David Rosenberg

It Ain't Over Till It's Over... and Trump Says the Ceasefire is Over

No giving peace a chance in the U.S.-Iran file; verbal war of the worlds takes center stage at the NATO summit (there is rain in Spain)

Jul 8 • David Rosenberg

Chips Get Clipped; Bonds Get Bruised

Valuation bubble collides with an earnings bubble

Jul 7 • David Rosenberg

Is Europe About to See a Positive Growth and Valuation Reset?

Fed continues to fight the last war

Jul 6 • David Rosenberg

Look Out for a Positive Re-Rating in Europe as Germany Unveils a Host of Pro-Growth Fiscal Measures

CCC-BB rated spreads widen out to over +800 basis points for the first time in 15 months — consider this a canary in the coal mine for the risk-on trade

Jul 3 • David Rosenberg

Rotation Out of the Red-Hot Chips Stocks Gets Extended for Another Day

Atlanta Fed Nowcast model down to +1.2% second-quarter real GDP growth

Jul 2 • David Rosenberg

June 2026

Best Quarter for S&P 500 in Six Years; Best for Asia-Pac in Seventeen Years!

Constructive German state inflation data provide support for the global bond market

Jun 30 • David Rosenberg

Some Market Danger Signs Are Lurking

U.S. consumers may well be intact, but they are economizing on cyclical services spending — especially on travel

Jun 29 • David Rosenberg

Tech Shakeout as Apple Takes a Bite

Inflation fears receding as oil fades

Jun 26 • David Rosenberg

Risk-On Tone Ahead of PCE

Today’s PCE report will help determine whether the market’s recent hawkish turn is justified.

Jun 25 • David Rosenberg

The 'Greenspan Put' Also Meets Its Maker

When SpaceX bonds are rated investment-grade, you know we are in a new era (one of insanity).

Jun 24 • David Rosenberg

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts