Roubini: I'm A Bull Now!

Dr. Doom finally capitulates: Global recovery by the end of the year.

(OK, yes, a double-dip is still a possibility–for lots of good reasons.  And before you bash Nouriel for missing the turn, at least admit that he got the recession a heck of a lot more right than most people.  And he did turn less negative several months ago.)

And note that he still thinks house prices will drop a total of 40%.

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