Friday, December 5, 2008

Dr. Doom Foresees Much More Pain: So Why Is Roubini's 401(k) All in Stocks?

(yahoo.com/tech-ticker) Nouriel Roubini, economics professor at NYU Stern School and chairman of RGE Monitor, has earned the nickname "Dr. Doom" for his dire predictions about the economy over the last couple of years (most of which have come true).

So it was a shocker when word got out on Wall Street that Roubini was the most bullish guy in the room at a recent dinner he hosted in NYC. There were even rumors Roubini's retirement account was 100% in stocks (since confirmed).

Read the entire story

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