Nouriel Roubini, co-founder of Roubini Global Economics LLC and New York University professor, discusses the U.S. and Turkish economies, the European sovereign-debt crisis and unrest in Syria and Iran. He spoke with Bloomberg HT’s Hande Berktan in Adana, Turkey. Here is a direct link.
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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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OMG…..Dr. Doom getting some press…..bears rule…..clear indication the interim botton was put in last week. The fiscal cliff is priced in…..tax loss selling is pretty much done…..M&P’s already out ….. who’s left to sell……algos running the show on technicals……trading bounce here may even take out recent highs……got oil!!!