Rosenberg says the US economy is a ‘dead man walking’
MarketsInsider/Zahra Tayeb/6-2-2023
“I know it sounds extremely controversial to talk about the US going into recession, just because the lagging and coincident indicators are telling you that we’re into something brand-spanking new about a no-landing or a soft landing. We’re heading into a hard-landing in the second half of the year.” – David Rosenberg, Rosenberg Research
USAGOLD note: Rosenberg is sticking with the hard landing scenario. He says if the Fed continues to raise rates “they’ll crush the economy.”
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