The Federal Reserve seems intent on choking the US economy into submission, despite mounting evidence that the inflation threat is fading, David Rosenberg said in a pair of appearances this week. The Rosenberg Research founder noted the Fed is rapidly hiking interest rates and shrinking its balance sheet, even though stocks are in a bear market and the macroeconomic outlook is deeply unclear. At the same time, the yield curve is inverted — a reliable sign of an upcoming recession. "We have an economic storm brewing," he told BNN Bloomberg on Tuesday. "2023 is going to be a very, very rough year." Rosenberg warned ... (full story)