The US maintaining strong growth is a fairy tale and the economy doesn't have a 'get out of jail free card' that can help stave off a slowdown, economist David Rosenberg says
The hope that the US can keep growing robustly is just a"fairy tale," and the economy isn't going to be saved from a slowdown, according to economist David Rosenberg.
"I don't think that there's a 'get out of jail free' card for the economy, in the context of the most acute Fed tightening cycle and into the most inverted yield curve since 1981.
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