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David Rosenberg, president of Rosenberg Research, explains why he thinks there’s still elevated risks of recession heading into 2020.  Here is a direct video link.

Over the past 21 months, selling in ‘junk’ grade CCC corporate bonds has pushed their prices down and average yield up from 7.7% in February 2018 to 11.31% by November 2019—a massive 46% increase in borrowing costs for highly indebted … Continue reading →

This book is hard-hitting and unsettling with thought-provoking observations on the social and economic challenges afoot as we move into the ’20s. Technology, wealth concentration, social upheaval, the decline of intellectual rigour, ‘thought leaders’ and receding respect for the status … Continue reading →