Sep 27, 2010

If The Economic Data Surprise On The Down Side, We Are Going To Have A Correction Of The Stock Markets

"We are already in a situation which is going to feel like a recession, even if we are not in one. And if the economic data surprise on the down side, we are going to have a correction of the stock markets, widening of credit spreads, increased volatility, increase risk aversion, then it leads to a shock for the real economy."

in CNBC, September 27

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