Monday, July 11, 2011

Roubini Warns on Italy and Spain

Nouriel Roubini (with Katharina Jungen and Mark Willis) on Italy:
The probability of fiscal slippage remains high, as the austerity package—largely devoid of structural reforms—does little to address Italy’s pressing growth problems.
Roubini (with Jennifer Kapila, David Nowakowski and Elisa Parisi-Capone) on Spain:

Spain: On Tenterhooks

Market access reflects a lack of conviction regarding Spanish fundamentals.

1 comment:

  1. Market hit man is back. Lets all talk the euro down to 1.17 as this 1.40 really isn't working for the Germans any longer.