Biotech Values

[linhdtu]

I actually was following Roubini in 05 ; he had a blog at RGE Monitor or something like it.

Roubini is actually a good and honest,competent, economist imo : honest in the sense that he called it as the data tells him instead of letting his paycheck or the source of his paycheck guides his opinions. Before the collapse , Roubini was pretty much an outsider ; the collapse brought him inside and made him famous.

He saw the housing bubble forming very early and he called it so. He was among the earliest sounding the alarm. However he is no good at calling, timing the collapse. Really no one can and I don't take his failure at timing against him.

MW falls in the same bucket. Her call regarding C was correct. Her current prediction about municipal default armageddon is off the mark and probably self serving ( she is on her own now and she needs to attract new business imo ).