Archive - Early Morning with Dave

U.S. Investors Continue to Sniff Out an "Off Ramp"

Rising mortgage rates push the homebuilding stocks into a severe bear market (but are ignored given the resumption of the AI and chips mania).

9 hrs ago • David Rosenberg

Digging through Disney's results, we see a rare decline in theme park attendance — a real-time sign of weakening consumer confidence.

May 7 • David Rosenberg

From 'Epic Fury' to 'Project Freedom' to 'Great Progress’ -- Investors Like the Sound of These Shifts!

Investors respond forcefully to the most encouraging signs of conflict resolution yet — with China apparently working the back rooms.

May 6 • David Rosenberg

Markets Think the Ceasefire Will Hold (Even Though It Isn't)

A Wile E. Coyote market fails to see that almost three-quarters of the U.S. economy is contracting — the GDP headline was saved by AI and the epic…

May 5 • David Rosenberg

Asian Stocks Hit Record Highs on Soaring AI Optimism

Investors seem to be underestimating the peak in oil prices.

May 4 • David Rosenberg

A Market Carried by Capex, Chips, and Crowding

A softer dollar and strong profits are helping markets look through the oil shock, but the setup increasingly depends on consumers absorbing the pain.

May 1 • David Rosenberg

April 2026

Oil Prices Jump as Hopes of Any “Off Ramp” Have Been Totally Decimated

Brace for a $170 per barrel oil price peak.

Apr 30 • David Rosenberg

Bracing For a Prolonged US-Iran Conflict

Ring the bell: four of the Mag Seven report after the market closes.

Apr 29 • David Rosenberg

Big Rally in Big Tech Takes a Breather

Some troubling consumer data points.

Apr 28 • David Rosenberg

Back to an AI-Driven Market as Investors Move On From the Iran Conflict

As the AI trade rips, losses pile up in the market for private credit and bond spreads are widening sharply.

Apr 27 • David Rosenberg

Oil investors brace for a prolonged war as the U.S. and Iran continue to flex their muscles while holding up any talks.

Apr 24 • David Rosenberg

Markets Look Past the Risk… For Now

Global equities retreat after yesterday’s bounce, as we await another key earnings day.

Apr 23 • David Rosenberg

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