High rates will lead to a consumer-lead recession, more severe than people think: David Rosenberg

CNBC, Released on 8/7/23

David Rosenberg, Rosenberg Research, joins ‘Fast Money’ to talk the day’s market action, what’s ahead for the economy and the impacts of the aggressive rate hiking cycle.

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.

Subscribe
Notify of
guest

0 Comments
Oldest
Newest
Inline Feedbacks
View all comments