Archive - Early Morning with Dave

Equity Investors Positioned Very Bullishly Heading Into 2026

Investor risk appetite and market positioning appear overly exuberant as 2025 draws to a close.

19 hrs ago • David Rosenberg

Weak U.K. Jobs/Wage Data Set the Table for a BoE Rate Cut

Global equities are in risk-off mode on the back of squishy-soft overseas data releases.

Dec 16 • David Rosenberg

Transports and Industrial Commodity Prices Show Breakout Signs

The sharp rally in Transportation stocks could signal strength in the broader economy.

Dec 15 • David Rosenberg

AI Concerns Prompt Rotation, Not Retreat

Concerns about AI are facilitating a rotation into value stocks — while the markets overall are hitting new highs.

Dec 12 • David Rosenberg

Oracle Spoils the Fed-Led Party

Powell’s warning on job overcounts, and cracks in the AI spree signal that risk may be badly mispriced.

Dec 11 • David Rosenberg

Investors Brace for a "Hawkish Cut" Out of the Fed as Global Bond Yields Hit a 16-Year High

From stretched valuations to rising yields, the signals across markets point to a fragile late-cycle backdrop

Dec 10 • David Rosenberg

A Hawkish Hold by the RBA Gives the Australian Dollar a Shot in the Arm

The Australian dollar is in play, global central banks turn more hawkish, and Canada’s housing market shows no sign of reigniting despite prior rate…

Dec 9 • David Rosenberg

All Eyes on the Fed This Week - Not So Much the Deed, but the Words

The forward guidance at the Fed’s Wednesday meeting will drive the market action.

Dec 8 • David Rosenberg

The K-Shaped Economy Broadens Out Beyond the Consumer Space

Divergences are growing throughout the economy, as Tech concentration and industrial production leave the other sectors behind.

Dec 5 • David Rosenberg

Bonds Fail to Gain Ground on Heightened Fed rate Cut Views

Behind the market’s upbeat tone, a heavy dose of caution lingers in consumer behavior and global fixed-income sentiment.

Dec 4 • David Rosenberg

Santa Rally Stages a (Tentative) Revival

Global markets show mixed signals as U.S. growth diverges, consumer stress rises, and Real Estate hints at a recovery.

Dec 3 • David Rosenberg

Equities, Bonds and Crypto Stabilize After Yesterday's Drubbing

December opens with risk aversion, crypto unravels, silver spikes, and bonds wobble as risk sentiment sours.

Dec 2 • David Rosenberg

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