Economist who called the 2008 recession warns of a downturn in jobs

David Rosenberg, who predicted the 2008 recession, warns that the US jobs data is overstated and will shockingly turn sour in the next 6 months. He attributes this to the BLS' flawed data collection methods. Rosenberg also believes the AI bubble is now deflating, with companies like Nvidia experiencing significant drops. He cautions that the longer the Fed waits to act, the more it will have to do on the rates front.