Replies to post #74526 on Biotech Values

[grandpatb]

Roubini is a headline-grabbing jackass, in my opinion.<<<
Well, uh, whatever he is he's well paid, so maybe not so much a j-ass, doncha think?

[corpstrat]

You might want to read or re-read Galbraith's Great Crash. The orchestrated 'out of the woods' chats by Warren, Jamie and Larry are reminiscent of similar jawboning from wise men talking their books during that episode. This time may be different - or maybe not. There's a lot that is still ugly on balance sheets and in the real global economy and stimulus has been way too little - Roubini has been better on all that than most. In the end it is not possible to tell if that has been fully understood by the marginal investor and fully priced in. My guess is as good as yours, and it is the opposite of yours, for the record. In other words I don't expect this rally to last and I expect the slump to be prolonged.

[pastemp]

I have been following Roubini through his web site for some time--www.rgemonitor.com and he has been spot on about the global economy for over 2 years.The man has saved me mega dollars.
I believe you are being the jackass here.As you tell people on this board "first educate yourself"!He is not an hysterical charleton,but a competent economist--oxymoron?













































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