The bull market in stocks won’t last long – and there’s a 99% chance of a US recession, top economist David Rosenberg says
June 09, 2023 at 17:30 PM EDT
The stock market's powerful rally is unfounded, and the US economy is virtually guaranteed to sink into recession, David Rosenberg has warned. The S&P 500 officially entered a bull market on Thursday, as it notched a 20% gain from its October lows. Meanwhile, unemployment data released the same day … Source