Sunday, October 26, 2025

David Rosenberg: Canadian Labor Market Is “Red Hot,” But Why Are Wages Going Down?

Joining SmallCapSteve today is David Rosenberg, founder & president of Rosenberg Research. David sits down with Steve this afternoon to dive into what he calls the calm before the storm, or his outlook for 2023. We discuss his read on the labor market and what it means that wages are decelerating, Canada’s acute housing bubble, and the Fed and the Bank of Canada. David also shares his outlook on gold and the catalysts to watch.

Rosenberg Research provides the information, insights, and strategy to enhance your investment decisions, backed by our team’s macroeconomic research capabilities and David’s unique market lens.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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