Saturday, August 27, 2011

Roubini : this year Cash is going to be king

Nouriel Roubini : It`s better to be safe rather than sorry and this year cash is going to be king, Therefore we would stay away from a wide range of risky assets. Cash gives you zero return but that`s better than losing 20% or 30% in the stock market. Treasury bonds are at 2%, but they could go toward 1% in a recession. - in CNBC

1 comment:

  1. JNRpresidenteREAAugust 28, 2011 at 2:18 AM

    Even in some maturiries yields for US T bonds are, in real terms, below the inflation rate, so they're negative

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