Nouriel Roubini gets bullish
mtippett | June 26, 2009 at 12:18 pmby
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When the man they call, 'Dr. Doom' gets bullish its not like watching Mad Money. But nevertheless, Nouriel Roubini now sees light at the end of the tunnel. Roubini believes we will see the recession end sometime around 2011. I'll take that.
Nouriel Roubini, the New York University economist who accurately forecast the bursting of the housing bubble and the resulting economic contraction, has become famous for his pessimism—he has been the gloomiest of the doomsayers. Which is what makes his current outlook surprising: Roubini believes that the Obama administration’s policy makers—and especially the much-maligned Tim Geithner—have gotten a lot right. Pitfalls may still abound, but he is now projecting an end to the recession, and he sees growth ahead.
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