… of douchebag, as seen below.
Also, on an (ahem) unrelated topic, Nouriel Roubini is now imploring people to buy stocks with a two-year timeline.
The famously gloomy economist Nouriel Roubini has finally fingered an investment he likes. But his advice carries an expiration date.
Roubini is predicting an uptick in stock prices over the next two years as the Federal Reserve continues its stimulus efforts. But buyer beware, Dr. Doom says, because a day of reckoning is lurking at the end of the two-year horizon.
So, does that CNNMoney article assure us of an imminent broad market top, especially given that Roubini was so bearish on stocks back at the March 2009? Not necessarily. In hindsight, it all looks so obvious that one particular sign or person marks a major market top or bottom
But, in reality, there are plenty of false signals along the way before the real thing appears (e.g. Mila Kunis). That said, a 3% sell-off tomorrow after a weak, or better yet strong, jobs number would make the “Roubini Top” something to take a look at over the weekend.
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This is hilarious
so funny. Add a gold bug / hyper-inflationista to the list.