• David Rosenberg was very deflationary but switch courses 2 years ago and push high for high quality dividend stocks
  • 3:00 : Pro Inflationary Monetary Policy
  • 5:00: Low bond yields
  • 6:47: Not the 70s inflation, low unemployment by all measures despite low GDP, with zero productivity growth. Unemployment when GDP is at 3% will  come down even further
  • 10:00: Wage not increasing, wealth gap will change. He expects capacity to be filled up in the US. Companies have a lot of cash
  • 14:30: The change in perception of jobs
  • 17:10: The effect of this to the market – An investment situation you never see
  • 19:30: Mild Stagflation, steeper yield curve, slow raising raising rates. Financials and insurance companies are good business. Basic materials and gold as inflation rates. Cable Media, Entertainment
  • 22:00: Capital Replacement – Hardware and Software stocks
  • 22:46: SIRP – …