WTFinance, Released on 3/22/24 (Released on 3/19/24)

On this episode of the WTFinance podcast I had the pleasure of welcoming back David Rosenberg. David is the Founder & President of Rosenberg Research & associates. During our conversation we spoke about why the recession is still on horizon despite market strength, whether we’re in a new economy, whether the FED are taking the right action, unwinding of private credit markets, which assets to perform and more!

0:00 – Introduction
2:14 – Why have we not seen a recession yet?
4:32 – Are we in a new economy since COVID?
12:12 – Will recession impact markets?
17:55 – Are higher interest rates stimulatory?
25:22 – Recession is not about if, but about when
27:32 – Atlanta FED GDP predictions quite accurate
32:02 – What should the FED be doing?
33:52 – FED cutting bullish scenario?
35:37 – Unwinding of private credit markets?
41:22 – Which assets to perform?
48:07 – One message to takeaway from our conversation?

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, recession, stock market, us economy