David Rosenberg: 'Our Economy is Running on Borrowed Time – Severe Fallout Ahead’
Wealthion - Be Financially Resilient
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Analysis of Fed Meeting and Rate Cut Predictions
The chapter delves into the upcoming Fed meeting and potential rate cuts in July, September, and later months. It discusses the impact of recent economic data on the Fed's decision, predicting a shift to a less hawkish stance and the possibility of multiple rate cuts by the end of the year. The chapter also touches on the Canadian economy, consumer debt levels, challenges faced by consumers, and the deflating Canadian housing bubble with comparisons to the US housing crisis.
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