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Real Vision: Finance & Investing

A Rolling Recession or a Hard Landing? ft. David Rosenberg & Liz Ann Sonders

Real Vision: Finance & Investing

Real Vision

Business, Business News, News, Investing

4.21K Ratings

🗓️ 30 September 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

​🔥 JOIN THE NEW REAL VISION for just $20,14 https://rvtv.io/3ZyY70t In the fourth installment of our Crash or Boom series, Maggie Lake welcomes two star financial analysts — Liz Ann Sonders, chief investment strategist at Charles Schwab, and David Rosenberg, chief economist of Rosenberg Research & Associates — for a peer-to-peer review of just what lies ahead for global markets. According to Liz Ann, “an ongoing rolling recession” may be the best scenario. David, meanwhile, believes we’re in economic purgatory with only one way out. Together they share their insights on inflation, business cycles, and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:56.7

Hello everyone. Welcome to the third day of our special series, Crash or Boom,

1:10.8

How to Profit from What's Coming. We're only a couple days into our campaign and already

1:15.4

we're seeing some divergent opinions. Rouse started things off saying the recessions already

1:19.9

here, inflation is trending lower and the Fed will ultimately be cutting rates,

1:24.7

which he thinks will be bullish for tech and crypto. Go back and watch the entire video for

1:29.0

the details, but that's broadly his thesis over the next year. On Tuesday, Andreas sat down with

1:34.7

his former boss, Michael Sarvey, who's much more negative. He believes a recession is still in the

1:40.0

wings, but it's getting delayed. He worries high levels of fiscal spending have created sticky

1:45.1

inflation and he thinks it's way too early to price in rate cuts. That leaves you a stock

1:49.7

looking overvalued in his mind. Bonds will ultimately be a better bet, but not until you see

1:55.9

employment much higher unemployment. So way too early for the bond call. So what is the

2:02.1

outlook for US economic growth, global growth and inflation, joining me to share their views.

2:07.0

Lizanne Saunders, Chief Investment Strategist at Charles Schwabbing Company and David Rosenberg,

2:11.8

founder and president of Rosenberg Research and Associates. Hello to both of you. Thanks so

2:16.7

much for being here. Hi, hi Maggie. Hi David. Great to be on. I'm so excited to talk to both

...

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