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HomeRoubini: Growth at Stall Speed
Posted by Larry Doyle on August 26th, 2010 12:03 PM |
Sense on Cents is serving a full helping of Nouriel Roubini today.
Hopefully, our morning course only served to further whet your appetite for more financial wisdom from this economic giant. Having already dined on market structures, the world of Wall Street, and assorted vices and virtues this morning, this afternoon we are serving a course of Roubini’s outlook on the economy.
Bon appetit as Bloomberg delivers, Roubini Says Third Quarter Growth to Be ‘Well Below’ 1%:
Nouriel Roubini, the New York University economist who predicted the global financial crisis, said U.S. growth will be “well below” 1 percent in the third quarter and put the odds of a renewed recession at 40 percent. (more…)
