Wall Street Sleepwalking Into Job Shock That Will Rattle Markets by Autumn

Economist David Rosenberg issues a stark warning: the U.S. is already in a recession, and Wall Street is in denial. In this hard-hitting Kitco News interview, Rosenberg explains why markets are ignoring clear economic red flags, including the latest Beige Book signals, and why a wave of job losses could be the next market-altering shock.

With rising tariffs acting as stealth taxes and the Fed cornered by political pressure and weak inflation, Rosenberg outlines why rate cuts could hit sooner than expected. He also blasts overvalued equities, warns of bond market mispricing, and urges investors to prepare now for a hard reset in the labor market and broader economy.

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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.