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1/23/15

The Economic Pipe Dream: The Mother Of All Asset Bubbles Will Burst In 2016 - by Nouriel Roubini

In February 2013, NYU professor Nouriel Roubini made the call that US markets had entered the "mother of all asset bubbles.

With the rally in stocks that we've seen this year and a surge in high-yield debt issuance, Roubini said we're now at the midpoint of the bubble, in an interview with Yahoo Finance.

Next year may see more gains across markets, but the bubble, bigger than the one before the 2008 recession, could pop in 2016. \

 Read more: Roubini The Mother Of All Asset Bubbles Will Burst In 2016 - Business InsideR

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