David Rosenberg forecasts a US economic recession is less than 12 months away

n ICYMI from Gluskin Sheff chief economist and strategist says the Federal Reserve’s FOMC will cut rates in October and December

  •  and through 2020
  • “The economy is already slowing down”
  • “Earnings are actually contracting”
  • “There’s a recession coming in the next 12 months”
Report via CNBC
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Rosenberg was a permabear for a long time but switched sides to much protest from his fan base.
Back in the bear camp.
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