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David Rosenberg: A 2023 Recession Is Unavoidable

Supply Shock

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What Happens When the Fed Uses Policy Even More?

It took more than eight years of family income to buy a single family home. That's about 30 to 40% above the historical norm. The erosion in credit quality that precipitates the different payment cycle, more restructuring and clear defaults. "This is not a permanent forecast. This is really a call for 2023"

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