Timothy Sumer

David Rosenberg, Founder and President of Rosenberg Research, discusses his outlook for the economy, interest rates, and stock markets. *This video was recorded on May 8, 2023 FOLLOW DAVID ROSENBERG Rosenberg Research: rosenbergresearch.com Twitter (@EconguyRosie): FOLLOW DAVID LIN: Twitter (@davidlin_TV): TikTok (@davidlin_TV): Instagram (@davidlin_TV): For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 1:10 - Recession outlook 5:10 - Labor market 9:50 - Wages vs. inflation 15:37 - Equity markets outlook 19:00 - 25% decline on stocks? 22:26 - Interest rate outlook 29:40 - When will Fed pivot? 35:00 - Consumer debt 37:53 - David Rosenberg #economy #investing #stocks... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST

Sign up for my free weekly newsletter at Founder of Rosenberg Research Dave Rosenberg thinks the pie-in-the-sky valuations and attitude towards the current broad market are naive, to say the least. David thinks a recession is all but inevitable and he lays out how he is allocating his capital to survive the crash and profit along the way. Be part of our online investment community: Rosenberg Research: Copyright © 2022 Cambridge House International Inc. All rights reserved. 00:00 Introduction 01:49 Are We in a New Bull Market? 04:57 Where is David Allocating Capital? 12:27 What is Driving Debt Deliquency? 18:19 Excess Savings Are Running Out 25:37 Effect of Rate Hikes 33:25 Keep Some Dry Powder 34:34 Canadian Market and Commodities 38:13 Canadian Real Estate 41:17 How to Solve the Housing Crisis 45:22 Tailwinds for Gold #recession #marketcrash #gold... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment

The consensus for the economy is bullish. After a 6.4% annualized increase in real GDP, that's without inflation, in the first quarter, recent forecasts are for 10% GDP growth in the second quarter, 7.5% in the 3rd, and 5% in the fourth. As for inflation expectations, they are up. Again the consensus is that the combination of a rapidly rebounding economy, supply shortages, and tight labor market will lead to a sustained rise in prices. The most prominent skeptic on that front is Federal Reserve Chairman Jerome Powell and other Fed officials who believe the price increases we are seeing now are transitory. This week's guest, influential economist Dave Rosenberg is in the Powell camp on this one and believes the recent jump in inflation is temporary and that the overall bullishness on the economy and markets is wrong and will be challenged before the year ends. Dave Rosenberg is the outspoken and often contrarian Chief Economist and Strategist at his independent ec