Salient to Investors:

Nouriel Roubini writes:

For the next year or so, as long as the economy grows 1.5-2%, and you have easy money, the market can go higher.

Growth is slow, earnings growth is slowing down. both top and bottom lines are not as good as they were, but margins are high.

The slow economy will eventually lead to a correction, but QE, zero policy rates, and more money coming into the market  from the US and other economies will levitate asset prices to possibly a generalized credit and equity and asset bubble within 2 years, followed by a crash.

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