With the U.S. facing a series of economic headwinds, from union strikes and the resumption of student loan payments to rising oil prices and sky-high mortgage rates, economist David Rosenberg believes a recession is all but guaranteed.
Of course, the president of the market analysis and investment strategy firm Rosenberg Research has also been predicting an economic downturn for some time. In March 2022, just after the Federal Reserve began hiking interest rates to fight the rise of inflation, he warned that there was a 75% chance of the U.S. experiencing a recession by the end of the year.
