Thursday, April 9, 2015

Asset Reflation could become Asset Inflation

Asset reflation could become asset inflation with another credit bubble leading to a bond crash, Nouriel warned. However, while that was a risk, Roubini described how a ‘new mediocre’ era of sub-par economic growth in the world was broadly positive for bonds as interest rates and inflation were likely to stay lower for longer.

 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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