Wealthion: Our Economy is Running on Borrowed Time

The stock market has been hitting record highs in the S&P and Nasdaq, but renowned economist David Rosenberg of Rosenberg Research warns of imminent economic downturns in both the US and Canadian economies. In a recent interview on Wealthion, James Connor sat down with David to discuss these concerns and what they mean for your portfolio. Rosenberg, who is known for his accurate predictions of the 2001 and 2008 recessions, sees dark clouds looming on the horizon. One of the most significant concerns he has is the rising delinquency rates in consumer credit. Delinquencies in credit card debt and car…