Wealthion, Released on 10/4/24

David Rosenberg joins Anthony Scaramucci on Speak Up to warn and explain why a recession is looming. Highlighting the dangers of a widespread “soft landing” complacency and overexposure to equities, David, the Founder and President of Rosenberg Research, draws parallels to past crises and explains why current conditions are setting investors up for a major downturn. Together, they discuss the risks of the Federal Reserve’s policy mistakes, rising unemployment, and why the past decade’s passive investing boom could be the next bubble to burst.

0:32 – David Rosenberg’s Background and Career Path
4:20 – Spotting Economic Crises Early: Lessons from 2007-2008
10:14 – Fed Policy, Interest Rates, and Market Vulnerabilities
21:53 – Recession Is Staring Us In The Face
30:02 – Audience Question: Defensive Sector Recommendations
31:36 – Audience Question: Risk of Stagflation?
34:01 – Audience Question: Fiscal Spending and Inflation?
36:33 – Audience Question: Emerging Markets Opportunities?
38:39 – Audience Question: David’s View on Gold?
41:06 – Impact of US Election Results on the Economy

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, economy, markets, recession