Rosenberg Warns Complacency Now Mirrors Pre-2008 Crisis; Sees Recession Risks Rising Despite Current Strength

Rosenberg sees similar complacency now as before 2008 crash and crisis

He believes a US recession is coming in next few quarters

Red flags include high stock/home prices, debt levels, late payments, bank issues

Current economic strength could be misleading like in 2007 before recession

Investors are falling for narrative that cycles are over, but history is repeating