Tuesday, June 30, 2009

Roubini: Recession For Another Nine Months

In his latest Bloomberg Intervies Nouriel Roubini said :
"This recession is going to last another six to nine months," .

"People are talking a lot about these green shoots. But if I look at macroeconomic data for employment conditions, sales and consumption, about industrial production, housing, I see more yellow weeds than green shoots," Roubini said.

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