Speaking in an interview withon Thursday, the Rosenberg Research chief said a recession is certain to hit the world's largest economy and US stocks will dip back into a bear market when that happens.
He also ripped into the Federal Reserve for its"Bambi-to-Godzilla" approach toward inflation - where the central bank initially didn't react to a pickup in price pressures, only to end up raising interest rates by 500 basis points in 15 months subsequently.
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