Merrill Lynch (says), recent good economic data depends on 3 factors: weather, delay in foreclosure process and lagged impact of lower gasoline prices.
Those 3 positive factors are temporary as weather effect on jobs will fade out in spring, foreclosures will increase and oil price is rising. - Source: Nouriel`s Official Twitter
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.
