Raoul has known David Rosenberg for over 20 years, and he has always been one of Raoul’s favorite analysts on the business cycle. David’s track record over the last 20+ years is exceptional. In this episode of The Journey Man, Raoul tests his own thoughts of an impending economic slowdown with David. As ever, David doesn’t mince his words, and his view is that the Fed’s forecasts, along with most analysts’ forecasts, are most likely dead wrong. David backs up his out-of-consensus views with plenty of data, and interestingly, his views dovetail in with those of Lakshman Achuthan of ECRI from an earlier The Journey Man episode, standing in contrast of those of the recent James Aitken interview. The economic situation is very complex, and we all need as much input and analysis from the best in the business to help us make the right decisions. The future has never been less clear. Filmed on September 24, 2021.