David Rosenberg shares coronavirus crisis outlook, investing strategy - Business Insider

about a looming economic crisis long before the coronavirus pandemic caught the world by surprise.

"Initially — and I mean for the next one or two years — this is going to be a deflationary shock of intense proportions," Rosenberg recently said on the"It will be a deflationary shock that will linger on for the next one, two, or three years. We're going to be left, most likely, with double-digit unemployment for an extended period of time."

He added that much of the stimulus cash will likely be stashed away: companies will be focused on maintainingFollowing a deflationary period of about three years, Rosenberg sees consumer and business demand returning to some semblance of normal, provided a vaccine or herd immunity proves effective against the coronavirus.

Rosenberg also sees a future where supply chains become more localized given the global and tactile spread of this crisis.

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Long-time bear David Rosenberg doesn't hate stocks right now. Here's whySelf-proclaimed big bear David Rosenberg reveals what would turn him bullish in a 'heartbeat' (via TradingNation) TradingNation If your a long term bear surely you see the bigger problems than what a vaccine will suddenly achieve. I mean the fed intervened last year in a bull market to keep things going up TradingNation A vaccine? No sh!t. TradingNation 'big bear'? hehe
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