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Roubini: Go Ahead, Keep Dreaming of That “V-Shaped” Recovery

By Ilene
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Nouriel Roubini interviews with Henry Blodget – "L" shape recovery, not a "V." – Ilene

Roubini: Go Ahead, Keep Dreaming of That "V-Shaped" Recovery

By Henry Blodget

As we noted earlier, Nouriel Roubini of RGE Monitor actually has a surprisingly non-apocalyptic forecast for the economy: The first quarter of this year will mark the worst rate of decline, and the outlook will gradually improve from there.

We’ll still be in a recession through 2009…  It will be an L-shaped slog, says Roubini. 

Read more here.   Click here for the video.

 

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