‘Dr Doom’ Roubini expects a ‘long, ugly’ recession and stocks sinking 40%

Economist Nouriel Roubiniwho correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500. “Even in a plain vanilla recession, the S&P 500 can fall by 30%,” said Roubini, […]

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Nouriel Roubini Predicted 2008 Financial Crash. Now, Warns Of ‘Long, Ugly’ Recession

Nouriel Roubini expects the US and global recession to last all of 2023. Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500. “Even […]

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