Oct 15, 2010

Financial Markets Volatility Will Be High. Downside Risk Is Higher Then Upside Risk.

"On the fiscal side, Roubini thinks stimulus on a large scale would still work. However, the chances of that happening are slim. The U.S. budget deficit is already at 10 percent of GDP and debt is close to 95 percent of GDP. Plus, bond vigilantes are waking up and the U.S., like most advanced economies, are in "austerity mode" politically, said Roubini.

In light of this problem, Roubini expects financial market volatility to remain high; the downside risk is greater than the upside risk for equities."

in www.ibtimes.com

Related ETFs: SPDR S&P 500 ETF (NYSE:SPY) , ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares Russell 2000 Index (ETF) (NYSE:IWM), ProShares UltraShort QQQ (ETF) (NYSE:QID), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)