Archive - Early Morning with Dave

Chips Get Clipped; Bonds Get Bruised

Valuation bubble collides with an earnings bubble

9 hrs ago • 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

Chips Get Chipped in Today's Tech Sector Rout

Muted bond market reaction to the downdraft in global equities as the Fed doubles down on its hawkish rhetoric.

Jun 23 • David Rosenberg

Starmer Stumbles, Sterling Sags

Emerging signs of a market top

Jun 22 • David Rosenberg

IPO and SPAC Craze Have the Makings of a Market Top

Oil prices reverse 80% of the wartime run-up, and gold sentiment indicators go from 100 in January to 0 today

Jun 19 • David Rosenberg

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