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Zenger
Zenger
Business
Shanthi Rexaline

‘We Are Heading Into A New Bear Phase:’ Economist David Rosenberg Sounds Dire Warning On Key Signal In ‘Every Major Average’

David Rosenberg Stock Market the Federal Reserve US Federal Reserve
Summer doldrums have hit the stock market, which cruised along nicely in the first half of the year following a torrid 2022. PHOTO BY BEHNAM NOROUZI/UNSPLASH

Summer doldrums have hit the stock market, which cruised along nicely in the first half of the year following a torrid 2022.

“We are heading into a new bear phase,” said noted economist David Rosenberg in a post on X, formerly known as Twitter.

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