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, May 11, 2013
Why Roubini likes Stocks, for now
....The U.S. economy isn't accelerating. European countries are either stuck in recessions or depressions. China, Brazil, and other emerging market economies are slowing. What's more, corporate profit margins are at an all-time high. Roubini said that is likely to revert to normal soon, taking bottom lines down with it.Markets look happy, but what is going on in the general economy is not," says Roubini. "We are stuck in a two-year boom and bust cycle. That's what I am most worried about." - in CNN money