Dec 7, 2011

Eurozone In Recession, US At Recession Risk

Eurozone in recession; UK headed to recession; US at recession risk given weak growth, fiscal drag, Eurozone shocks, housing, oil; China slowing sharply. - in Newsmax

ETFs, United States Oil Fund (USO), SPDR S&P 500 Index 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.