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To: Real Man who wrote (390494)7/16/2009 3:01:04 PM
From: MythMan  Respond to of 436258
 
those two jumped a tad more than their value in the SPX -g-



To: Real Man who wrote (390494)7/16/2009 3:30:09 PM
From: rogermci®  Read Replies (1) | Respond to of 436258
 
Westie Roubini chimes in, often wrong but never in doubt:

14:55 Follow Up: U.S. may need another fiscal stimulus says Roubini - Reuters

Reuters reports that the US may need a second fiscal stimulus worth $200-250 billion around the end of the year, but the worst of the economic and the financial crisis is already behind us, leading economist Nouriel Roubini of RGE Global Monitor said on Thursday. Roubini, one of the few economists who foretold much of the current financial turmoil, said a second stimulus would be necessary to boost a deteriorating labor market. The stimulus "can not be too small, but it can not be too large," Roubini said, or financial markets will become too worried about the sustainability of the U.S. debt.