David Rosenberg is the president of Rosenberg Research.
And in a new interview, he said that he sees a near-term recession…
A 20% hit to stocks…
And a damaging credit crunch.
He also blasted the Fed for jacking up rates and even said they could hit ZERO again.
But others have a different view.
Like JPMorgan (NYSE: JPM) CEO Jamie Dimon who said they may “go higher than 5%.”
Two Fed officials have also said that the terminal rate for its current hiking cycle will likely be above 5%.
But no matter who’s right or wrong, the truth is…
Now is the best environment for income-generating investments in over 40 years.
Here’s why.
Higher rates mean higher income from every investment.
Meaning, you can buy high yield income investment at cheap valuation – creating an almost perfect set up for huge profits in the coming months for you.
This gives you the power to make money in two ways:
- Earn high yields on your cash investment today, and…
- Capitalize with long-term capital gains as asset prices rise
And that’s why I’m doing two very important things right now.
The first one is looking to BUY income plays that are paying big, fat and even monthly yields of up to 15% (with the potential for another 20% – 30% in capital gains)…
… while also taking advantage of massive, 1-day payouts of up to 45%.