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Business Insider: Brace For a Recession That May Trigger a Stock-market Meltdown Worse Than 2022, Says Top Economist David Rosenberg

February 2, 2024
Market Crash, Recession, Buy Gold and Silver

Article by Theron Mohamed in Business Insider

The economy is barreling toward a recession — and it could trigger a stock-market meltdown that puts 2022 to shame, David Rosenberg warned.

"The rubber will meet the road in 2024, and the bull market in complacency will unravel as the recession few see, and few are positioned for, finally comes into view," the Rosenberg Research president wrote in a LinkedIn post on Tuesday.

"The painful drawdown in 2022 should serve as a reminder for what happens when recession risks get priced into the equity market — and that year didn't even see the real thing take hold," Rosenberg continued, referring to the S&P 500 plunging ......

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