'The recession has already started': David Rosenberg on the U.S. economy

  • 🎬 Video
  • ℹ️ Description
Invalid campaign token '7mSKfTYh8S4wP2GW'
'The recession has already started': David Rosenberg on the U.S. economy 4.5
There's been growing concern over the state of the global economy. For more on this and why he thinks the U.S. recession has already started, BNN Bloomberg spoke with David Rosenberg, chief economist and strategist at Gluskin Sheff + Associates.


Connect with BNN Bloomberg:
--
BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.

Download — 'The recession has already started': David Rosenberg on the U.S. economy

Download video
💬 Comments on the video
Author

For me and the folks I largely know, the recession never ended. Quality of life isn't what it think of when I think of America.

Author — JMB

Author

BS. Anyone who goes to the Supermarket each week knows we have inflation.

Author — Randy Best

Author

The so-called great economy was never great.The middle class and the poor still struggling.

Author — Glenn Z

Author

LOW Cost of living is already too high for the majority of people and keeps going up.

Author — R R

Author

My whole life has been a recession, and, let it come, my people been in a recession since I was born.

Author — John Pratt

Author

So you mean a consumer based economy needs consumers with money to spend? Wall St. killed the Golden Goose 11 years ago.

Author — Michelle Burkholder

Author

Rates are already at recession level don't help the real people, only rich people.

Author — 777 burro

Author

Deficit going out of control, fake economy

Author — Rob Dim

Author

Well as time goes by, more and more economists start to sound like Peter Schiff, maybe he is not crazy after all, he just sucks at timing

Author — JuanFernando Gracia

Author

It started in July 2018. Im a trucker rates are low volumn is extremely low. Reefer loads available down 55% Flatbed down 74.5% Van loads down 50.3 . These are compared to last yr. 29.9% of trucks sitting empty. These numbers come from nations number 1 loadboard for truckers. Ask yourself if this is a booming economy how and why are Trucking companies filing for backruptcy. Truck sales are down lots are filling up with repo's . Im a Republican i have done nothing but lose money in 2018 2019. Im lucky to survive 2019

Author — MOONSHADOW 1918

Author

All these strategies kind of look like tactics to get people to pull their retirement savings and put it back in the stock market they want a piece of that 60 trillion dollar savings retirement pensions

Author — Spartacus547

Author

When he says it, people take him seriously. When Warren says it, they call it alarmist.

Author — Christine Wood

Author

Inflation is killing Americans The cost of products and services is out of control along with inflated real estate. It’s going to be a major slow economic downfall

Author — 1CBRDUDE

Author

Rates are going to come down a lot? I was paying 16% back in the 80s when I was farming, now I have sold out and need my interest to live and guess

Author — ken Nickell

Author

Brace for depression, it will come !!!!

Author — Zio Slayer Bear

Author

People need to get over this America the greatest..far from it. War is what we believe in and screw the citizens.

Author — Claudia Sutton

Author

God help us when the next recession hits. We are headed for zero or negative rates and an enormous increase in debt. We could have a Japan like period .

Author — B Ruane

Author

Mr. Rosenberg chose to ignore the extreme inflation in shelter, education, and healthcare.

Author — Michael Kestrel

Author

That's ok because for the average American worker the recession never ended.

Author — Kristopher Carmona

Author

QE failed. So more QE is the solution? Talking about insane...

Author — Tom Sawyer