Top Economist Warns US Economy Showing Recessionary Weakness Akin To 2009 Despite 4.3% Q3 GDP Growth - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Benzinga·2026-01-06 16:47
Top economist David Rosenberg has issued a stark warning about the underlying health of the U.S. economy, contrasting a robust headline GDP figure with deteriorating industrial data that he argues signals recessionary weakness comparable to the 2009 financial crisis.The Industrial RealityIn a post on X on Monday, the president of Rosenberg Research highlighted a massive disconnect between official government growth data and on-the-ground industrial activity.While the U.S. Bureau of Economic Analysis (BEA) r ...