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Sunday, September 16, 2012

Growth less than 2 percent in Q4 & No significant reduction in the Unemployment Rate

Nouriel Roubini : “By the fourth quarter, with the fiscal cliff coming and firms becoming more cautious, capital spending is slowing down and growth will be not even 2 percent,”
“Job creation might be around 100,000 or slightly higher for the next few months, but there’s not going to be any significant reduction in the unemployment rate.” - in CNBC
NOURIEL ROUBINI BLOG