Faculty News

Prof. Nouriel Roubini shares his predictions for the economy in 2015

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Excerpt from Yahoo! Finance -- "We’re currently in the mid-late stretch of this boom, 'so next year we’ll see economic growth and easy money. This frothiness that we’ve seen in financial markets is likely to continue from equities to credit to housing,' says Roubini. He predicts an eventual crash, but not for at least a few years. He believes that valuations in some markets are already stretched and will continue to stretch until seeing a shakeout around two years down the line, in 2016."

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