Guest
Today’s interview is brought to you by YCharts. For a free trial and 15% discount on new memberships, visit -- On today's episode of Forward Guidance, David Rosenberg Founder and President of Rosenberg Research & Associates joins the show to discuss the continuing recessionary pressures he sees building in the economy. Preparing for a recession within the next six months, David walks through prior Fed tightening cycles, the lagged effects of fiscal stimulus that are now dwindling and the incoming credit crunch that will materialize towards the end of 2023 into 2024. To hear all this & more, you'll have to tune in! -- Follow David Rosenberg on Twitter Follow Jack Farley on Twitter Follow Forward Guidance on Twitter Follow Blockworks on Twitter -- Timecodes: 00:00 Introduction 00:37 The Big Story Is What Happens Next Year 09:27 Questioning The Higher For Longer Narrative 20:20 What Causes A Recession? 24:56 How Sensitive Is The Economy To Higher Interest Rates? 35:34 We Haven't Felt The Full Impact Of Higher Interest Rates Yet 42:02 The Politics Of Deficit Spending 47:01 There Are Three Stages To Every Bear Market 59:37 How Deep Will The Credit Crunch Be? 01:06:56 Fitch's AAA Downgrade 01:09:41 The Fed Has Overtightened 01:14:12 The Manufacturing Cycle & Unemployment 01:16:00 Where Will The Unemployment Rate Peak? -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
