Jul 18, 2012

People Are Being Cheered By More QE

There might be a weak rally because people are being cheered by more quantitative easing by (Chairman Ben) Bernanke and the Fed, but if the economy is weakening, that is going to put downward pressure on earnings growth. - in Business Insider 

Related: SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets (ETF) (EEM), SPDR Dow Jones Industrial Average ETF (DIA)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.