Rosenberg Daily Soundbites

• Global equity markets are taking it on the chin yet again; the focus today is still on the political showdown in Washington and whether House Speaker Boehner’s revised plan will have enough support among the Democrats in the Senate
• Debt downgrade — good for bonds?
• Everyone seems to believe that durable goods orders were weighed down entirely by aircraft bookings last month. If that’s the case, why was the headline 2.1% slide not anticipated
• How about a little R & R? Recovery and … Recession
• Jobs market deteriorating
• U.S. housing — stuck in the mud