Jun 21, 2012

A Self-Fulfilling Slowdown

Increasing risk aversion is leading economic agents to adopt a wait-and-see stance that makes the slowdown partly self-fulfilling. - excerpt from A Global Perfect Storm is Brewing


Related: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (SPY);

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.