Mar 5, 2013

Markets Are Underestimating The Sequester And The Gridlock In The United States

“Markets are underestimating how much the sequester and the gridlock in the United States could have negative effects on the economy and eventually on the market.” - in Bloomberg 

Related ETFs: SPDR S&P 500 ETF (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.