21 January 2010

MACROECONOMICS: Roubini Foresees World Stock Rally End With Deflation Upswing.

BLOOMBERG/

The economist known as "Dr. No," Nouriel Roubini, predicts failure to slow asset-price bubbles in emerging markets and loose monetary policies in the U.S. and around the world may cause an “unraveling and a significant correction of asset prices which will be damaging to global and regional economic growth” in the second half of 2010.