Rosenberg on Lagged Effects of Fed Tightening, Corporate Deleveraging
by FS David Rosenberg, chief economist and strategist at Gluskin Sheff, says the odds of a U.S. recession in 2019 are rising and are probably much higher than the consensus expects. Speaking on Financial Sense Newshour last week, Rosenberg pointed to the New York Fed’s own recession probability index, which has been shooting straight up … Read more