I just finished listening to the latest interview with David Rosenberg on Financial News Sense Newshour. David Rosenberg as usual gives a fantastic interview, and in it, focuses upon what he sees as the three biggest risks to the US economy: High Oil Prices, Rising Taxes, and the Ongoing European Recession.
Do those things sound familiar? Well they should as all three were highlighted in my post last week, Things giving me pause.
Rosenberg doesn't see the US economy headed for a recession but predicts we have a repeat of last year where the economy is brought right to the edge and only grows at a rate of about .4 %.
Rosenberg ends the interivew by encouraging investors to reach for income, hard assets, and safety (all things I would encourage as well). Definitely give the interview a listen if you have time.
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