Last week, professor Nouriel Roubini was in Jo-burg, raining on the good-data-point parade with tweets of doom.
We’re not sure where Nouriel is this week, but his outlook hasn’t improved.
This morning, following a burst of surprisingly positive economic news on a number of fronts, Nouriel is tweeting about the insolvency of the banking system.
This morning’s comments are based on a report by Amherst Securities analyst Laurie Goodman, which is written up on Housing Wire.
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