Join James Connor as he sits down with renowned economist David Rosenberg of Rosenberg Research to discuss the dark clouds looming over the US and Canadian economies.
Despite recent highs in the S&P and Nasdaq, Rosenberg warns of imminent economic downturns that could have devastating effects. From rising delinquency rates in consumer credit to the bursting of the Canadian housing bubble, tune in to discover a what lies ahead for our economy and your portfolio.
TIMESTAMPS:
00:00 - Introduction
01:00 - David Rosenberg's View on US Economy
04:00 - GDP Growth and Consumer Behavior
08:45 - Impact of Government Spending
12:04 - Housing Market Analysis
14:39 - Federal Reserve Policies
16:56 - Potential US Recession
18:52 - Canadian Economy Deep Dive
28:22 - Canadian Housing Bubble
30:02 - Canadian Politics and Economy
33:07 - Stimulating the Economy
36:12 - Investment Strategies for the Future
41:22 - Closing
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