Saturday, December 6, 2014

We're in an Asset Bubble and it won't pop until 2016

Roubini says, “Next year you might not want to be overweight in U.S. equities. There are other parts of the world that can do better. Japan with its easy yen,” for example. Roubini also warns to stay away from the Eurozone and China. “At this point, I would be neutral or underweight U.S. equities compared to other markets,”

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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