The U.S. is entering a recession right now, trader Douglas Borthwick told CNBC's "Closing Bell" Tuesday.
He pointed to recent data to bolster his claim, including last quarter's gross domestic product, which only grew 0.1 percent. The jobs offerings relative to employment also paints a bleak picture, Borthwick said.
"The last time we saw this divergence was 2007, when we entered into a recession," said Borthwick, head of foreign exchange for Chapdelaine & Co.
Additionally, Borthwick expects the durable goods number next week to be negative, which he said will lead people to lower their GDP estimates.
Noted stock picker Bill Miller disagreed with Borthwick's thesis.
"If a recession has started it will be the most unusual recession in U.S. history because first time claims are at cycle lows, wage growth is at cycle highs, the Fed is easing … earnings estimates are rising and the yield curve is positive," Miller told "Closing Bell."