A Rejection of the New "Roaring 20s" Recovery Narrative

Feb 04, 2021 • Duration: 01:05:37 • Topic: Covid-19, Macro, Real Vision, Recession, US Economy, Asia, Coronavirus, Cryptocurrencies, Interview, Bonds, Economics, Emerging Markets, Debt, Finance, Trading, Gold, Investing

David Rosenberg, chief economist and strategist at Rosenberg Research Associates, believes that there will be a recovery—but not one nearly as robust as the market is currently pricing in. In this interview with Ed Harrison, Rosenberg argues that this is the result of a freshly increased debt overhang, lingering unemployment, and shifts towards saving and away from spending as a result of the psychological scarring of COVID. Rosenberg also outlines his investment ideas that result from this view, namely long bonds, gold, "utility-like growth", and emerging markets in Asia like China and India. Filmed on February 1, 2020. You can get a free 30-day trial to Rosenberg Research here: https://bit.ly/3pQ4nyB.

Guest Name

David Rosenberg and Ed Harrison

Anchor Name

Ed Harrison

Keywords Name

Covid-19, Macro, Real Vision, Recession, US Economy, Asia, Coronavirus, Cryptocurrencies, Interview, Bonds, Economics, Emerging Markets, Debt, Finance, Trading, Gold, Investing

Show Name

Investment Ideas