Nov 23, 2011

US Economy: Dismal Durable Good Report

Dismal durable goods report implies further downward revision to downward revised 2% Q3 growth & bodes poorly for Q4 growth. Shipments down. - in Nouriel`s Official Twitter

Tickers, SPDR S&P 500 ETF (SPY), ProShares UltraShort S&P500 ETF (SDS)

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.