David Rosenberg, chief economist and strategist at Gluskin Sheff & Associates, Jeffrey Sachs, a professor at Columbia University, and Barry Ritholtz, CIO of Ritholtz Wealth Management, talk about the outlook for the Federal Reserve after Lawrence Summers withdrew his name from consideration for the central bank’s leadership. They speak with Trish Regan and Adam Johnson on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

Sept. 16 2013 (Bloomberg)

Category: Federal Reserve, Video

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One Response to “Bloomberg Video: David Rosenberg, Me & Jeff Sachs”

  1. dhukka says:

    I noticed the facial twitch at 3:45 when David Rosenberg claims that Janet Yellen is “not just a great economist, she is a very good forecaster fullstop”

    Here are some of her greatest hits courtesy of ‏@hussmanjp:

    Yellen July 2007 just before hell broke loose: “One reason that risk premiums may be low is precisely because the environment is less risky”

    Yellen 2005: “If the housing bubble were to deflate, would its effects on the economy be large? No.”

    Yellen 2005: “If housing was to deflate, would the Fed be unable to mitigate the consequences? No.”