# Professor Nouriel Roubini weighs in on the financial and political ramifications of the coronavirus spread

1 Faculty News March 7, 2020 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](https://www.marketwatch.com/story/stocks-could-drop-40-and-this-is-how-to-get-ready-for-it-says-nouriel-roubini-2020-03-01) -- "That’s economist [Nouriel Roubini](https://www.stern.nyu.edu/faculty/bio/nouriel-roubini) sharing his gloomy outlook on the market in an interview with Germany’s Der Spiegel last week. 'You have to hedge your money against a crash,' Roubini continued, adding that his motto is 'Better safe than sorry!'”

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