1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4624) 

Nouriel Roubini - Not Exactly Bullish, but Not Exactly Bearish Either

March 08, 2013 | About:

Roubini starts the interview by admitting that there are these good things going on in the America economy:

- Improved job market

- Improving housing market

- The benefits of the shale oil and gas revolution

That is quite a bit of optimism from "Dr. Doom!" However, he quickly turns negative listing the challenges also facing the American economy:

- Increased payroll taxes slowing consumption

- The sequester which will put a 1.5% drag on the economy

He obviously thinks the sequester is going to be a big drag and sees 1.5% as the rate of growth for the immediate future.







About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (4 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


akcapitalS&P Dividends
dpostelPE DRIVEN BEST
dpostelPE DRIVEN
Doug Taylorgrowing high yield dividends
pbarker46O & G Canada
tedvailasTed6
Thomas W. Eaton, Sr.Tom - 8-26-16
rael2222Credit Services
rael2222Insurance - Specialty
DBrizanALL GURUS 1+
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK