Nouriel Roubini 100% in equities

[harryh]

The most valuable 10 sentences you will read during the entire recession:Again, this is not necessarily so. Just ask Nouriel Roubini of New York University, who has a reputation as the most pessimistic economist in academe. He deserves it. His most recent paper, published last week, is entitled: “Can the Fed and Policy Makers Avoid a Systemic

Comments

[harryh]

100% agreed. I'm not saying that this is revolutionary or anything. I just think it's more powerful coming from Roubini.

[r_transpose_p]

What is an "equity"? Is it the same as "a stock" or "a portion of ownership of a company"?

[harryh]

In this context it means stocks and also possibly, REITs.