The Roubini Quote

It appears Nouriel Roubini's appearance on Squawk Box last week marked the top. Here was the money quote:
"I think tactically for the next few months equities could rise because corporate profits are still strong…. Usually there is not a one-to-one relationship between the stock market and the economy, but I would say this year, some things are going well. The economy is improving, emerging markets are doing well, the corporates are doing well so far."

1 comment:

nicasurfer said...

amgn has been on a death spiral may be a good time to pick some up