"Dow's Hot Streak Sparks Recession Fears: Rosenberg Warns of Troubling Times for Stocks"

Economist David Rosenberg warns that the recent winning streak of the Dow Jones Industrial Average may be a red flag for investors, suggesting that a recession may already be underway. He points out that in 1987, the Dow erased its gains after a similar winning streak. Rosenberg also highlights that plunging inflation can be bad news for stocks, as it typically leads to slimmer corporate profits. He advises against ruling out an economic contraction and cautions against exorbitantly priced stocks driven by fear of missing out. However, his predictions differ from other experts who see asset prices rising and minimal risk of a recession as the Federal Reserve begins loosening its grip on the US economy.