David Rosenberg: The Market Is NOT Ready For What's Coming

He's seeing the same willful blindness that preceded previous major bear market corrections

Our new interview with highly-respected economist & award-winning researcher David Rosenberg has just been released.

David has seen many business cycles over his long and storied career. And he just doesn’t see how the global economy avoids falling into recession next year.

But of even greater concern to him is the markets’ current refusal to consider that threat. Wall Street is exhibiting the same kind of blind optimism he saw preceding past major asset price corrections.

In today’s discussion, David details how he expects the downturn to materialize in 2024, where stocks are most vulnerable, and why he likes long duration US Treasurys right now.

To watch the interview with David, follow these simple steps:

1. Go to YouTube (either the website or the app)

2. Search for “Adam Taggart Thoughtful Money”

3. Look for this video thumbnail in the search results and click on it

4. Watch the video…but all the way through, if possible. Starting to play but then “skipping” the video will get us dinged with the algo.

5. Subscribe & hit the Like button

(This is the last time you’ll need to follow these steps, as our “soft launch” ends Friday. Going forward, I’ll just provide you with direct links to these YouTube videos.)

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Lastly, as a reminder, premium subscribers to this Substack now receive my “Adam’s Notes” summaries of the major interviews conducted on Thoughtful Money. My write-up for this interview with David is provided to them below.

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