Roubini: More Trouble Coming for S&P

Nouriel Roubini, the New York University professor who predicted the current financial crisis in 2006, talks with Bloomberg’s Carol Massar and Ellen Braitman in New York about the U.S. economy, outlook for the equity market and Federal Reserve monetary policy.

00:00 Recession outlook, financial market crisis
01:48 Stock market valuations, performance
02:58 Impact of U.S. recession on emerging markets
03:31 Fed forecast, Libor; consumer confidence
06:17 Outlook for economy, financial markets
Running time 07:22


Source:

Roubini Says S&P May Fall 30% More Over 2-Year Recession: Video
Bloomberg, Oct. 29 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSUB75X4jS6U

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