Aug 12, 2011

This Is Not The Time To Be In Risky Assets

The Big Interview: Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy’s direction. In an interview with WSJ’s Simon Constable, Roubini also says he’s putting his money in cash. “This is not the time to be in risky assets,” he says.

Related: SPDR S&P 500 ETF (NYSE:SPY) ProShares UltraShort S&P500 (ETF) (NYSE:SDS) ProShares UltraShort QQQ (ETF) (NYSE:QID) iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), United States Oil Fund (USO)