Nov 27, 2011

Markets May Soon Crack

Eurozone slow motion train wreck is becoming an accelerated one, as train reaching a thick brick wall. Markets, both equities and Eurozone bonds, may soon crack.

Related Tickers, iShares MSCI Germany Index Fund ETF (EWG), iShares MSCI Spain Index ETF (EWP), Banco Bilbao Vizcaya Argentaria SA ADR (NYSE:BBVA) Banco Santander, S.A. ADR (NYSE:STD), Deutsche Bank AG USA (NYSE:DB), Credit Agricole SA (EPA:ACA), BNP Paribas SA (EPA:BNP), iShares MSCI Italy Index ETF (EWI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.