Bloomberg/Natalia Kniazhevick/9-20-2022
“‘Even in a plain vanilla recession, the S&P 500 can fall by 30%,’ said Roubini, chairman and chief executive officer of Roubini Macro Associates, in an interview Monday. In ‘a real hard landing,’ which he expects, it could fall 40%.”
USAGOLD note: Dr. Doom stays on theme in this latest interview reiterating his base forecast of a stagflationary disaster like the 1970s……
