David Rosenberg recently spoke to WealthTrack’s Consuelo Mack about prospects for the US economy. Rosenberg believes that upside to US economic growth will continue to be constrained by high levels of debt. Despite historic levels of fiscal and monetary stimulus, “no major economic indicator that measure the economy from employment to GDP to industrial production to real incomes has managed to get back to their prior cycle highs in late 2007″, notes Rosenberg. He believes that we are in a depression.
Video belowRead more ›