Tuesday, December 18, 2012

Roubini: Weak U.S. Growth Ahead, Cliff Dive

Economist Nouriel Roubini appeared on "Bloomberg Surveillance" with Tom Keene and said that U.S. growth will be "barely 1.7%" in 2013. Roubini also said that "there's a highly likely chance we're going to go over the cliff. If we do so, the market reaction is going to force the two sides to reach an agreement."