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David Rosenberg: A 2023 Recession Is Unavoidable

Supply Shock

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Do We Have a Stock Market Bottom Yet?

The last time the Fed was raising interest rates into a 2-10 yield curve of minus 80 basis points was at April of 1981. There's no evidence ever of the stock market bottoming, especially in a recession, with the Fed tightening policy into an inverted yield Curve. And those lows in the stock market will come, but it's not staring us in the face.

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