Rosenberg Research

10/05/2026

"I don't just remember market numbers from the past, I remember how it felt." — Jeffrey Gundlach

Jeff pays close attention to market mood, and he thinks the mood around AI has changed. In his view, the excitement is turning into fear, and that kind of shift is a classic sign of a peak.

This clip is from our live event with Jeff and David Rosenberg in Toronto last week. The full replay is here: https://youtu.be/JvNEH9W3QZA

10/01/2026

Missed our live webcast with David Rosenberg and Jeffrey Gundlach? The full replay is available on YouTube.

Watch them cover where rates go from here, what the bond market is signaling, and the credit cracks forming beneath the AI boom, followed by a live Q&A with the audience.

What's next for the Treasury market? Jeff Gundlach, "The Bond King"...

10/01/2026

Larry and Rosie on Macro and Markets.

Please join Dave on Thursday, October 8 at 4 PM ET for a conversation with Lawrence G. McDonald, New York Times bestselling author, CNBC contributor, and the man behind 'The Bear Traps Report'. We're thrilled to welcome Larry as a new guest to our webcast series!

Larry runs The Bear Traps Report and tracks 21 proprietary Lehman Systemic Risk Indicators — essentially an early warning system for the fault lines most investors don't see until it's too late.

Dave will sit down with Larry to dig into the macro landscape, where risk is quietly building, and what his 21 proprietary Lehman Systemic Risk Indicators are flashing right now.

https://hub.rosenbergresearch.com/lawrence-g-mcdonald

09/28/2026

This is your final chance to register for An Afternoon with Rosie & Gundlach, tomorrow at 2:00PM ET.

David Rosenberg and Jeffrey Gundlach go live on where rates are headed, what the bond market is signaling, and the credit cracks forming beneath the AI boom.

Register here:

An Afternoon with Rosie & Gundlach

09/03/2026

David Rosenberg joins David Lin's channel, to discuss rising Treasury yields, Fed policy, the economy’s reliance on AI and asset wealth, growing risks across stocks and housing, and the themes shaping his investing views.

Sign up for STLLR's exclusive Gold Macro Newsletter at http://stllr...

09/02/2026

Come see David Rosenberg at this year's MoneyShow Toronto, from September 24–25 at the MaRS Centre.

His live session "Not So Tiny Bubbles" is great for investors who follow the macro and want to know where the opportunities are - and what the risks are.

Dave will be joined by 30+ speakers over two days, from firms including BMO Global Asset Management, CIBC Capital Markets and RBC iShares.

For more information: TorontoMoneyShow.com

09/01/2026

The midterms are approaching, and history says the result matters for your portfolio.

With Democrats highly likely to retake the House (and the Senate a live possibility), the era of massive fiscal stimulus that powered the economy from 2020 to 2026 is ending.

In our latest Special Report, we lay out the 2027 playbook: what divided government means for growth, rates, and the dollar, plus a sector-by-sector guide to the winners and losers, from Defense and Clean Energy to Big Tech, AI, Crypto, and Health Care.

Access “Washington Gridlock: The 2027 Playbook” Report →

The midterms are approaching, and history says the result matters for your portfolio. With Democrats highly likely to retake the House (and the Senate a live possibility), the era of massive fiscal stimulus that powered the economy from 2020 to 2026 is ending.

08/25/2026

A Fed Hike This Year Would Be Overkill

With the Fed's September decision now in view, the case for a hike is quietly falling apart because the bond market has already tightened.

The Fed hasn't raised rates this year, yet since the onset of the U.S.–Iran war, the entire Treasury curve has repriced higher by around +60 basis points, and the borrowing costs households and businesses actually face have climbed by about as much. The economy has, in effect, already absorbed a full cycle of rate hikes the Fed never had to deliver.

The strain is surfacing where it tends to appear first: housing. Thirty-year mortgage rates are back near 6.7%, and mortgage applications have fallen -38% from their January peak. With the policy rate at 3.50%-3.75%, already above the Fed's own neutral estimate, another increase would only compound tightening that is well underway.

History rhymes in reverse: in 2004–2006, a compressed long end forced the Fed to hike +425 basis points to gain traction. A rising long end today means it can afford to do far less.

The market is still priced for a hike this year, roughly +25 basis points, that we don't expect to arrive. For investors, that argues for duration and the rate-sensitive assets the sell-off has punished most.

Read the full analysis, available to our subscribers: https://app.rosenbergresearch.com/dashboard/publication-details/08df01ed-f3a3-48b9-8750-5f97c78ef9b2

08/17/2026

This fall, we are bringing you An Afternoon with Rosie & Gundlach!

Dave and Jeffrey Gundlach, “The Bond King,” are coming together for a live discussion. The two have shared the stage before, and their conversations have a way of bringing out strong views and thoughtful insights. This time, they will share what they have been watching, including interest rates, the next moves for The Fed, the bond market, and the AI debt stress.

Join us live on Tuesday, September 29 at 2:00 PM ET.

Reserve your complimentary spot: https://www.rosenbergresearch.com/rosie-gundlach-virtual-event/

08/11/2026

Real interest rates have been rising, marking a clear break from the negative real-rate environment of the 2010s.

This shift reflects record sovereign and corporate borrowing, the retreat of central banks and traditional duration buyers, and growing policy uncertainty surrounding the Fed, U.S. Treasury financing, and Japan.

In our latest Special Report, we explain the key developments driving these shifts in global bond markets.

Access “The Real Rates Reckoning” Report →

Real interest rates have been rising, marking a clear break from the negative real-rate environment of the 2010s. This shift reflects record sovereign and corporate borrowing, the retreat of central banks and traditional duration buyers, and growing policy uncertainty surrounding the Fed, U.S. Treas...