Nouriel Roubini sees surprising economic strength

  • Nouriel Roubini, speaking on Bloomberg, discussed his recent paper accusing the treasury of manipulating bill sales to ease financial conditions.
  • Believes the economy may be stronger than people think.  Roubini said markets are getting nervous about recessions, but markets have “predicted 10 of the last 3 recessions.” He continued that  there is evidence of some showdown, but not of a recession.  If anything, there are some elements of strength in the economy.
  • Roubini is launching a new ETF to hedge against risks such as inflation, climate changes, restoring etc including gold and real estate.

Related Posts