A Rejection of the New “Roaring 20s” Recovery Narrative

Published on
February 4th, 2021
Duration
66 minutes

Liquidity Without Solvency: Investing Opportunities in the Current Credit Market Environment


A Rejection of the New “Roaring 20s” Recovery Narrative

Investment Ideas ·
Featuring David Rosenberg and Ed Harrison

Published on: February 4th, 2021 • Duration: 66 minutes

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.

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