NOURIEL ROUBINI BLOG tracks the media appearances of Dr Nouriel Roubini his interviews articles debates books news speeches conferences blogs etc..Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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
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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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