The Traderszone Network

Published in TZ Latest News 25 May, 2017 by The TZ Newswire Staff

David Rosenberg: "We Probably Will Have A Recession Next Year"

While every investor wishes they had a crystal ball, there’s one thing, says David Rosenberg chief economist at Gluskin Sheff, that has predicted imminent recessions without fail. Speaking at the Strategic Investment Conference in Orlando, Florida, Rosenberg pointed out that since 1950, there have been 13 cycles where the Federal Reserve tightened interest rates… and 10 of them ended in recession.

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