This was a great discussion from this morning’s Squawk Box on CNBC. David Rosenberg of Gluskin Sheff, Richard Hoey of BNY Mellon and Sean Clark of Clark Capital Management discussed the secular headwinds and they they differ on their market outlooks. Rosenberg says a recession is a “virtual certainty” while Hoey and Clark remain quite bullish:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.