Salient to Investors:
Nouriel Roubini writes:
- Economic growth and earnings growth are slowing down, while both top and bottom lines are not what they were, though margins are high.
- The gravitational forces of a slowing economy will lead to a correction, but the levitational forces of QEs, zero policy rates, and market inflows in the US,and other economies will levitate asset prices. As long as the economy grows 1.5% to 2% and there is easy money, this market can go higher.
Read the full article at http://drnourielroubini.blogspot.com/2013/07/be-sure-your-seat-belt-is-securely.html
Click here to receive free and immediate email alerts of the latest forecasts.