David Rosenberg: Interest Rate Returning To 0%, Stocks To Fall 25% As Recession Hits
The David Lin Report, Released on 5/8/23
David Rosenberg, Founder and President of Rosenberg Research, discusses his outlook for the economy, interest rates, and stock markets.
0:00 - Intro1:10 - Recession outlook5:10 - Labor market9:50 - Wages vs. inflation15:37 - Equity markets outlook19:00 - 25% decline on stocks?22:26 - Interest rate outlook29:40 - When will Fed pivot?35:00 - Consumer debt37:53 - David Rosenberg
David Rosenberg is the chief economist & strategist of Rosenberg Research & Associates, an economic consulting firm he established in January 2020. He received both a Bachelor of Arts and Masters of Arts degree in economics from the University of Toronto. Prior to starting his firm, he was Gluskin Sheff's chief economist & strategist. Mr. Rosenberg was also chief North American economist at Bank of America Merrill Lynch in New York and prior thereto, he was a senior economist at BMO Nesbitt Burns and Bank of Nova Scotia. Mr. Rosenberg previously ranked first in economics in the Brendan Wood International Survey for Canada for seven straight years, was on the US Institutional Investor All American All Star Team for four years, and was ranked second overall in the 2008 survey.
David Rosenberg: Interest Rate Returning To 0%, Stocks To Fall 25% As Recession Hits added by Herman James on 05/07/2023View all posts by Herman James ?+'