A Rejection of the New "Roaring 20s" Recovery Narrative (w/David Rosenberg and Ed Harrison)

A Rejection of the New "Roaring 20s" Recovery Narrative (w/David Rosenberg and Ed Harrison)

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Episode
491 of 2049
Længde
1T 6M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

The Interview: David Rosenberg, chief economist and strategist at Rosenberg Research Associates, believes that there will be a recovery—but not one nearly as robust as the market is currently pricing in. In this interview with Ed Harrison, Rosenberg argues that this is the result of a freshly increased debt overhang, lingering unemployment, and shifts towards saving and away from spending as a result of the psychological scarring of COVID. Rosenberg also outlines his investment ideas that result from this view, namely long bonds, gold, "utility-like growth", and emerging markets in Asia like China and India. Recorded on February 1, 2020. For Our Listeners:

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