Jan 27, 2012

US 4th Quarter Growth Was Lower Than Forecasts, Likely To Be Revised Even Lower.

US Q4 growth at 2.8 percent lower than optimistic forecasts of 3.5 percent. Also likely to be revised down once better data on small firms/shops are out.

(Source: Roubini`s Official Twitter)

Related ETFs, SPDR S&P 500 Index ETF (SPY), iShares Barclays 20+ Year Treasury Bond ETF (TLT)

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.