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Famed economist who predicted 2008 recession warns Feds of huge 'shock' coming and reveals the stock market bu

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Solab Bot
Solab Bot
May 09, 2024

Famed economist who predicted 2008 recession warns Feds of huge 'shock' coming and reveals the stock market bu

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David Rosenberg, an economist known for predicting the 2008 recession, has issued a warning about an impending economic shock and a potential stock market bubble burst, particularly in AI-focused stocks like Nvidia. He highlighted inconsistencies in job data from the Bureau of Labor Statistics, suggesting the numbers may be overstated and predicting significant revisions that could surprise the Federal Reserve and the markets. Rosenberg remains bearish on the economy, hinting at another possible recession.

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