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- The economy is flashing warning signs that suggest a downturn is on its way, according to David Rosenberg.
- The top economist pointed to a weakening job market and a slowdown in manufacturing activity.
- Several financial models are already sounding the alarm for a hard-landing, he noted.
The US could be "sleepwalking" into a recession, and signs of a downturn in key areas of the economy are starting to show, according to top economist David Rosenberg.
The Rosenberg Research president pointed to a handful of warning signs that a slowdown is on the horizon. That's contrary to how most investors feel on Wall Street, with optimistic sentiment building as data continues to show a stable economic picture.