Market still asleep! Recession already underway!

According to Kitco News the U.S. economy is already in recession, even if markets have yet to wake up to it, says David Rosenberg, founder and chief economist at Rosenberg Research. In a new interview with Kitco News, Rosenberg points to a wide set of deteriorating indicators - including the Federal Reserve’s own Beige Book - to argue that economic contraction is not coming. It’s already here.