Prepare for a recession this summer, a bear market in real estate and a drop in stock prices, warns strategist David Rosenberg

Prepare for a recession this summer, a bear market in real estate and a drop in stock prices, warns strategist David Rosenberg

Source: Marketwatch —  Inflation has turned out to be not-so-transitory, and the Federal Reserve has its knives out. Well, its hammer, anyway. Raising interest rates — the U.S. central bank’s primary tool to restrain runaway prices — is a blunt instrument, at...