OK, you don’t have to listen to me. But listen to Nouriel Roubini, the high profile economist that sees past the King’s New Clothes.
World financial crisis ‘not over’
“There is a wall of liquidity chasing assets. But I think that there is a growing gap between asset prices and the real economy.”
Beware of another wave of pain in the stock markets especially among companies too big to adapt.
Comments