RECENT PROGRAMS
ROSENBERG UPDATE
Widely followed market economist David Rosenberg has been warning about the recovery and bull market’s vulnerabilities long before COVID-19 struck. The pandemic has only increased his concerns. His recent two-part interview with WEALTHTRACK generated so much interest that we he is also sharing his most recent comprehensive “Breakfast with Dave” newsletter to bring us up-to-date on his latest observations.
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THIS IS A BEAR-MARKET RALLY, LIFE HAS CHANGED & “HOMEBODY” INVESTMENTS WILL FLOURISH SAYS ROSENBERG.
One of the striking financial characteristics of this pandemic stricken world has been the extreme divergence between the sickening economic reality on the ground and the out of this world exuberance in the stock market, which started long before now when businesses are slowly and sporadically being allowed to reopen.
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INFLUENTIAL ECONOMIST DAVID ROSENBERG WARNS LIFE IS GOING TO CHANGE PERMANENTLY AFTER COVID-19
In the first of a two-part interview, Influential economist David Rosenberg explains why “nothing is normal” after the COVID-19 pandemic. This is a picture that Rosenberg has been painting ever since the pandemic hit. And well before that he was deeply concerned about the economy’s weakness and the stock market’s vulnerability.
Dave Rosenberg is President, Chief Economist and Strategist at his independent economic consulting firm Rosenberg Research & Associates which he launched early this year with the stated priority of “…providing investors with analysis and insights to help them make well-informed investment decisions.”
He is known for his tell-it-like-it-is commentary, independence of thought, and high conviction calls which are frequently far out of the consensus. He will not disappoint in this interview as we discuss why “nothing is normal.”
THE FINANCIAL IMPACT OF PAST PANDEMICS HAS IMPORTANT LESSONS FOR TODAY SAYS HISTORIAN RICHARD SYLLA
The impact of past pandemics on the U.S. economy and markets has important lessons for today says financial historian Richard Sylla, as does the record growth in both monetary and fiscal stimulus.
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INFLUENTIAL ECONOMIST PAUL MCCULLEY ON THE LASTING NECESSITY OF RECORD MONETARY & FISCAL STIMULUS
Central banks and governments around the world are pulling out all the stops to replace income lost from COVID-19 shutdowns, including as we have seen in the United States direct payments to individuals.
We are devoting a WEALTHTRACK podcast this week to “Helicopter Money”, a concept coined by Nobel Prize-winning economist Milton Friedman who theorized that as a last resort in a deflationary depression the government could drop dollar bills from a helicopter for people to pick up and spend to “shock it out of a deep slump” with the “aim of boosting demand and inflation.”
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