Whoa. CNBC Europe is some kinda spin-free bizarro world where the anchors aren’t obligated to see the world through green-shoot coloured glassses. At the 2:45 mark in this clip with Nouriel Roubini, the anchor thanks Dr. Doom for using the phrase “yellow weeds”, saying he’s totally sick of green shoots. Roubini explains that the v-shaped recovery isn’t happening, and that the rally thus far has been based on relief that the system didn’t collapse, but that the fundamentalss don’t support a further rally.
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