Video News/In Focus with Jeremy Szafron

A severe downturn in the U.S. housing market, a recession in Canada, and a new wave of political pressure on the Federal Reserve are creating a complex and dangerous environment for investors. In this exclusive, in-depth interview, renowned economist David Rosenberg joins Kitco News Anchor Jeremy Szafron to break down the powerful cross-currents driving markets right now. Rosenberg makes the case that the U.S. economy is already in a recession, but its effects are being masked by a singular boom in AI-related spending. He reveals one key housing metric that is now worse than at the lowest point of the 2008 Great Financial Crisis and explains why this deflationary cycle may have only just begun. Finally, Rosenberg unveils his "Bond Bullion Barbell" strategy, which he says has returned +18.5% year-to-date, outperforming the S&P 500 by 700 basis points, and explains why he "loves gold" but only "likes silver" in the current environment.