Tag: Rosenberg

Trump attorneys trolled after they subpoena wrong Jeremy Rosenberg for hush money trial: ‘I’m keeping the $15’

Donald Trump’s lawyers have been trolled by a random man in Brooklyn after they subpoenaed him by mistake for the former president’s hush money trial. In a filing from the Manhattan District Attorney’s office on Tuesday, prosecutors revealed that Mr Trump’s attorney Todd Blanche had tried to subpoena former District Attorney Supervising Rackets Investigator Jeremy […]

Why record-setting gold prices will fend off headwinds and see 30% more upside, according to famed economist David Rosenberg

REUTERS/Ilya Naymushin Gold poised to hit $3,000 per ounce as upcoming Fed rate cuts occur, top economist David Rosenberg says. That implies a potential 30% upside from current levels. He says the current rally is impressive because it defies typical macroeconomic challenges like a strong dollar and falling inflation expectations. While investors have been riding […]

Stock gains are at odds with reality, economist David Rosenberg says

Yichiro Chino/Getty Images Stocks are being fueled by “complacency, greed, and momentum,” not fundamentals, David Rosenberg said. The economist highlighted concerns about lackluster earnings support and negative economic indicators. The VIX was under 13 on Tuesday, continuing its longest streak below that threshold since 2018. The stock market is at odds with what is going […]

Brace for a recession that may trigger a stock-market meltdown worse than 2022, says top economist David Rosenberg

David Rosenberg.CNBC There’s a recession looming that threatens to hammer stocks, David Rosenberg says. The veteran economist said the potential sell-off makes 2022’s decline look like an “appetizer.” Labor hoarding and debt-fueled spending can’t shore up the economy for much longer, he says. The economy is barreling toward a recession — and it could trigger […]