13 Feb 2024 9:20 am
Buckle up, it could be a bumpy ride!
https://finance.yahoo.com/news/us-now-8 ... 0indicator.
There's an 85% chance the US economy will enter a recession in 2024, the economist David Rosenberg says.
He highlighted a relatively new economic model that has proven to be more timely than the yield-curve indicator.
"Our conviction that the recession has been delayed but not derailed is still running at a high level," Rosenberg said.
https://finance.yahoo.com/news/us-now-8 ... 0indicator.
There's an 85% chance the US economy will enter a recession in 2024, the economist David Rosenberg says.
He highlighted a relatively new economic model that has proven to be more timely than the yield-curve indicator.
"Our conviction that the recession has been delayed but not derailed is still running at a high level," Rosenberg said.