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Canadian Value
Canadian Value
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Dr. Doom Nouriel Roubini - The Fed Can't Taper in Any Meaningful Way

September 06, 2013 | About:
Roubini sees a recovery in the U.S. continuing, but that recovery is weak.

Challenges right now are a reduction in government spending and slowing housing recovery.

He sees continued GDP growth below 2%.

He thinks the Fed will either not start to taper or do it in a very limited fashion. He thinks interest rate areas of the economy have already been impacted by a rise in 10-year rates, and further rising wouldn't be positive.

In the video below Roubini weighs in on his view of other areas of the world as well.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (1 vote)

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