Friday, March 16, 2012

Nouriel Roubini: Ignore the Recent Favourable Macroeconomic Data – US Economy to Remain Weak – Here’s Why

"Recent favourable macroeconomic data has suggested that the U.S. economy could be back on track but the recent uplift in the economy only hides more fundamental problems…[The truth of the matter is that] US economic growth will remain weak and below trend throughout 2012 as a result of net exports continuing to be a drag and the Fed being unable, in the face of political constraints, [to do enough, soon enough,] to help the economy significantly…"

at http://www.munknee.com/2012/03/nouriel-roubini-ignore-the-recent-favourable-macroeconomic-data-us-economy-to-remain-weak-heres-why/

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