The economic impact in terms of a fiscal drag is the difference between U.S. economic growth and tipping into a downturn. (in a recent TV appearance with CNBC)
Related trading instruments: Financial Select Sector SPDR ETF (XLF), 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.
