Making money on the thinking of Nouriel Roubini isnâ€™t what it used to be. The New York University professor, who in 2006 foretold the worst financial unraveling since the Great Depression, has yet to say the economy is worth investing in again. â€œThere is a big risk of a double-dip recession,â€ wrote Roubini, also known as Dr. Doom, in his column in the Financial Times this week.
Keys: Stock market, valuation, trading, environment
Questions for discussion:
- Summarize the sentiment expressed in this article about choosing to follow or not follow the advice offered by so-called investment â€œexpertsâ€?Â
- What do believe small or large investors should do with the plethora of advice available?
- How do you think corporate finance managers should view the current environment, with respect to hedging foreign corporate earnings and commodities prices?
- What is your own view about the current and future state of stock markets, currencies, and commodities?