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Brace for a 'crash landing' as the US economy barrels toward recession, top economist David Rosenberg warns
9 days ago | By Business Insider
David Rosenberg. Rosenberg Research & Associates
David Rosenberg has warned the US economy is headed for a "crash landing" or major downturn.
The veteran economist cited the Philly Fed's manufacturing survey, a proven recession indicator.
Rosenberg told Insider in February that the S&P 500 could plunge 25% from its current level.
Don't hold out hope for a mild downturn, as the US economy looks set to suffer a severe recession, David Rosenberg has warned. "Take a good hard look at this chart and tell me we are heading into a 'soft' or 'no' landing," he tweeted on Thursday. "More like a...
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