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February 23, 2023 | Rosenberg: The Pending Recession

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

This segment offers another worthwhile macro overview.  High-risk warning on the defence and gold mining stock “trade ideas,” as Dave says, only “for those with ice in their veins.” Word to the wise.

“There’s not a snowball’s chance in hell we hit the lows in the stock market in advance of a big bond rally.”

“I think by this time next year, inflation is going to be flat. It could even be negative.” While the debate over inflation continues, veteran economist and strategist David Rosenberg believes that inflation will fall faster than people think this year.

He’s also certain there’s zero chance of a soft landing and that a fed pivot is coming. Here is a direct video link.

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February 23rd, 2023

Posted In: Juggling Dynamite

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