May 21, 2012

Global Growth Is Slowing

There is an overall slowdown of global growth. Europe is in a recession in the periphery countries, and it's getting worse. There is a double-dip recession in the United Kingdom, sluggish growth in Japan, and the data from many emerging markets are also suggesting a slowdown in China, Russia, Brazil, India and places like Turkey, Mexico and South Africa. - in USA Today 

Related ETFs: Market Vector Russia ETF Trust(RSX), iShares MSCI Spain Index ETF (EWP), iShares MSCI Brazil Index ETF (EWZ), iShares MSCI South Africa Index ETF (EZA), iShares MSCI Turkey Index Fund (TUR)

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.