EGF - Is A Recession Near?
I trust Dave Rosenberg of Gluskin Sheff. He’s been a perpetual speaker at my SIC conference for at least 10 years.
Dave is screaming recession every chance he gets, but he is not a perma-bear by any means.
He’s been bullish at the right times in the past. Dave turned uber-bullish 9 or 10 years ago. It was way outside the consensus at the time, but he has never cared much about being part of the consensus.
So while I don’t entirely agree with him this time, I pay attention.
Dave summed up his bearish