Monday, January 25, 2010

Roubini corporate bonds will outperform equities

nouriel roubini
Nouriel Roubini forecasts corporate bonds will outperform equities, the dollar will weaken and the interest rate on longer-dated U.S. government securities will fall toward the end of the year. A report with specific projections is currently being prepared.
“If I’m correct, by the second half of the year there’s going to be a slowdown of growth in the U.S., Europe and Japan,” Roubini said in Hong Kong on Jan. 21. “That could be the beginning of a market correction, because the macroeconomic news is going to surprise on the downside.”

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