We put 7 burning questions to top economist David Rosenberg. Here's what he said about US stocks, crypto, house prices and the threat of recession.

• David Rosenberg answered seven key questions about markets and the economy in an Insider interview.
• He shrugged off inflation, called a recession, and predicted stocks and house prices will plunge.
• The veteran economist sees the Fed cutting rates later this year, and offered portfolio advice.

David Rosenberg answered seven burning questions about markets and the economy in an interview with Insider this week.

The Rosenberg Research president and former chief North American economist at Merrill Lynch said the inflation threat has faded, and a recession is underway. He also predicted stocks and house prices would tumble, and the Federal Reserve would begin cutting interest rates later this year.

Moreover Rosenberg suggested some solid bets for investors in the months ahead, and dismissed crypto as too volatile and tough to value.