Thursday, December 4, 2014

Roubini sees "Mother of all asset bubbles", but claims bubble will not burst until 2016

From Mish's blog:

How big can the current asset bubble get? Stocks, bonds (especially junk bonds), and equities are all in huge bubbles.

I know full well that calling the end is problematic. Economist Nouriel Roubini thinks he knows.

Roubini says we are in the "mother of all asset bubbles" but it's going to get even bigger, not popping until 2016.

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.

http://globaleconomicanalysis.blogspot.kr/2014/12/roubini-sees-mother-of-all-asset.html

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