Roubini Outdoes Himself, And Explains How Recent Good Data Will Doom The Economy


The thing about being so committed to one view point — whether bullish or bearish — is that you end up incorporating any data you see into your worldview, and everything becomes reinforcing.

We kinda think that’s what’s going on with Roubini.

On Bloomberg today he warned that the Fed will be too late to ease to save the economy.


Because the economic data has been coming in better lately, and thus the Fed will wait longer to act.

The good data will doom us.

Don’t miss: will everyone be bored of Roubini this time around?

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at