Archive for April 24th, 2009

Dr. Doom (Nouriel Roubini) Himself May Hold Key to Market Recovery

April 24, 2009

It was Tuesday, August 17, 1982, and I can still remember hearing the radio report that day that famed economist Henry Kaufman, dubbed by the press as Dr. Doom,1 had issued a statement that interest rates would fall.  The market surged from 792 to 831, a one-day 4.9% gain.2 This was arguably the day...
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