Pragmatic Capitalism

Practical Views on Money, Finance & Life

Rosenberg: the Next Recession Could be 4 Years Away

Talk about a flip in perspective.  David Rosenberg, who had been bearish for years, has turned into one of the biggest bulls on Wall Street.  The Gluskin Sheff analyst now says his recession forecasting model could be pointing to another four years of economic expansion (via a recent note of his):



That’s pretty interesting.  We know that the probability of a tail risk event increases dramatically inside of a recession.  So if DR is right then that means the macro trend could be higher for several more years to come….

Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering low fee asset management, private advisory, institutional consulting and educational services.Cullen is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche
Got a comment or question about this post? Feel free to use the Ask Me Anything section or connect with me on Twitter or email.