David Rosenberg: "The Fed Just Made a Policy Mistake"

⁠Rosenberg Research Free Trial⁠: https://hub.rosenbergresearch.com/free-trial?utm_source=catchall&utm_medium=landing_page&utm_campaign=trialform_general Dan Nathan and Guy Adami welcome David Rosenberg of Rosenberg Research to discuss his new global macro multi-asset ETF, ROSY, built from his conviction-based model portfolio and launched with Corton Capital, with plans to list in the U.S. in Q1, and preview his upcoming October book, “Bear In The Bull Ring.” The conversation then turns to Fed Chair Kevin Warsh’s 25 bp rate hike and hawkish messaging, which Rosenberg argues misreads economic trends and overstates labor-market strength amid slowing wage growth and weak year-over-year momentum in jobs, incomes, and industrial production. He contends inflation is primarily an oil-driven supply shock and that the Fed’s focus on “relative prices” implies tightening that could force deflation elsewhere and trigger recession, prompting him to raise cash and de-risk. Rosenberg also warns of extreme valuations, concentration and correlation risk tied to AI/tech, and credit-market stress including rising private-credit defaults. — FOLLOW US Instagram: https://www.instagram.com/riskreversalmedia/ Twitter: https://x.com/riskreversal LinkedIn: https://www.linkedin.com/company/riskreversalmedia #investing #stocks #stockmarket The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.