Wall Street Breakfast: Must-Know News [View article]
With a deteriorating US economy and the mosaic of snippets from above, including fading recoveries in Japan and the eurozone, it's easy to agree with Roubini's sober, if not somber, assessment of the global economy. Consistent with this, the Fed is likely to join Japan in further quantitative easing which is likely to depreciate the value fiat currencies prompting European central banks to suspend gold for bond swaps. This appears to the mean view to which all other views revert.
Wall Street Breakfast: Must-Know News [View article]