Friday, March 31, 2017

Roubini : #Trump going to weaken The Economy over Time


"Over the next six to 12 months, maybe the positives are going to dominate because you have animal spirits, a build-up in consumer and business confidence, you'll have some policy action. The economy is growing and hopefully those positives are going to stay for a while," Roubini told CNBC recently

"But the more there's going to be trade friction, the more there will be restriction of migration, the more this stimulus is going to be excessive, forcing the Fed in a full-employment economy to tighten more and faster, the more some of these negatives start to effect markets and economic growth over time."he added

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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