Wednesday, February 16, 2011

Roubini : Inflation worrisome in EMs, oil price risky

Nouriel Roubini : “In the next few months equities could rise, because their corporate profits are still strong. The question is whether the economic recovery is going to be sustained and whether some of the risks that we are seeing down the line on the financial markets are going to materialize. I think they would materialize,”

Burgeoning inflation has plagued the emerging markets including India while governments are trying to tame it by tightening of monetary policies. Global investors and experts are concerned about it too.According to Nouriel Roubini , equities may rise over next few months.

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