David Rosenberg dives into what he calls the calm before the storm

The Deep Dive, Released on 2/13/23

Joining SmallCapSteve today is David Rosenberg, founder & president of Rosenberg Research. David sits with us this afternoon to dive into what he calls the calm before the storm, or his outlook for 2023. We discuss his read on the labor market and what it means that wages are decelerating, Canada's acute housing bubble, and the Fed and the BoC. David also shares his outlook on gold and the catalysts to watch. We close out this interview with David's thoughts on AI.

00:00 Introduction00:27 Economic Outlook 2023: The Calm Before the Storm03:20 Is the Canadian labor market really "red hot?"05:44 "The Great Retirement" theme has been retired09:33 Canadian housing12:28 What fueled the housing bubble in Canada?15:24 Tiff Macklem and Jerome Powell26:07 Outlook on gold27:39 Impact of AI on the global economy and on forecasting

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 dives into what he calls the calm before the storm added by Herman James on 02/12/2023View all posts by Herman James ?+'