A famed recession indicator is flashing red even as financial markets price in zero chance of a downturn in the coming year, economist says

The economy is flashing warning signs that a recession could be on its way even if investors betting on a continued stock market rally don't believe it, according to top economist David Rosenberg. Rosenberg pointed to several warning signs the US could be on the precipice of a downturn. In particular, he pointed to the Sahm Rule...