“The fate of the economy has been closed”, “cleansing” your wallet, warns senior economists

David Rosenberg, one of Wall Street’s voices, issued a warning about the next stage of the American economy, and urged investors to act quickly.

Senior economists and strategists in Rosenberg Research Based on his warning against analyzing the latest Big book in the field of federal reserves, he concluded that about 60 % of the American economy is either in a stagnation or seriously close to it. mail On April 25.

It is worth noting that the beige book, a report collected from the 12 regional banks in the Federal Reserve, provides a shot in the actual time of working conditions throughout the country.

Unlike the intimidation of growth from 2022 to 2023, when the friendly savings support the spending, Rosenberg noted that the current environment shows clear signs of a consumer paid decrease, while weakening sales and labor markets that indicate a great slowdown.

We analyzed the Federal Reserve Big Bank book and concluded that about 60 % of the American economy is either in a stagnation or on the edge of a knife. <...> We all focus on alleged “deals”, as the fate of the economy has been closed. <...> Use gatherings to disinfect the risk wallet and periodic exposure. ”

While financial markets have been moved through optimism about recent commercial agreements, Rosenberg has argued that the broader economic basics tells a more worrying story.

The risk of hacker

It believes that markets significantly reduce risk, as stock prices and credit spread reflect only a small part of possible damage. To this end, Rosenberg advised investors to use market clusters to reduce exposure to high -risk and periodic assets.

While Rosenberg believes that the recession is already here, Henrik Zipberg, another economist, Henrik Zipberg, said that the economy has not yet extended despite the increasing market risks. He pointed to how, just weeks ago, feelings turned into a severe decline, while highlighting the speedy change of novels.