Wednesday, May 8, 2013

Roubini: No Stock Bubble, but 'Huge' Crash Could Come Later

Stock aren't in bubble territory as yet, but a "huge rally in risk assets" over the next two years puts markets in danger of a big crash, renowned economist Nouriel Roubini told CNBC on Tuesday.

Roubini added that there is a "huge gap between sentiment on Wall Street and the main street," and the real U.S. economy remains weak.  His comments, made at a private dinner event in Las Vegas, came after a rally on Wall Street on Tuesday brought major indices to record highs…..

No comments:

Post a Comment