Stocks will likely suffer as labor hoarding and debt-fueled spending can't stave off a recession for much longer, veteran economist David Rosenberg said.
In an all-caps post on Truth Social the former president said investors are betting he'll be re-elected this year, and bemoaned the impact of inflation.
Tesla fell almost 8% to lead premarket losses among S&P 500 names, a day after an earnings report from Elon Musk's EV maker warned of slowing sales growth.