Jul 27, 2012

US GDP Grew At A Pathetically Mediocre Rate

GDP grew at a pathetically mediocre rate of 1.5% in Q2; final sales even worse at 1.2%. Q3 now looks worse than Q2. US is at stall speed. - in Roubini`s Official Twitter page 

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

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.