Investor kit made up of 3 brochures

Get $500 and your FREE investor kit!

American gold eagle coin Request your FREE Precious Metals Investor Kit and we’ll immediately add $500 to your account to help you get started!

The $500 can be used for shipping, insurance charges or IRA custodial fees

Lear does not provide financial advice and is a for profit retailer.
Skip to main content
Back to Top
Speak to a specialist 800-576-9355

Markets Insider: The Fed is Quietly Signaling That Stocks are Overvalued and a Recession is Almost Certain, Top Economist David Rosenberg Says

December 14, 2023
Market Crash, Recession, Buy Gold and Silver

Article by Theron Mohamed in Markets Insider

Investors sent the Dow to a record high on Wednesday after the Federal Reserve signaled the inflation threat is fading, and it expects to cut interest rates three times in 2024. They may be celebrating too soon, David Rosenberg has warned.

Rosenberg, a veteran economist and the president of Rosenberg Research, noted in a pair of X posts on Wednesday that the Fed's latest growth projection suggests stocks are overpriced and a recession is virtually guaranteed.

“The Fed is calling for a tepid +3.8% nominal GDP growth next year, but the stock market is pricing in +10% EPS growth. Both can’t be right.” ......

To continue reading this article, click here.

Secure Your Retirement with Gold

Free 2024 Gold Kit
Gold Kit
Lear does not provide financial advice and is a for profit retailer.
We respect your Privacy