'Dr. Doom' Roubini expects 'long and ugly' recession and 40% stock plunge

‘Dr. Doom’ Roubini expects ‘long and ugly’ recession and 40% stock plunge

(Bloomberg) – Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the United States and around the world occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500 . Bloomberg’s Most Read “Even in a vanilla recession, …

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