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To: Johnny Canuck who wrote (45867)	10/7/2009 5:23:25 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68072

5:43AM Roubini says markets rose 'too fast:' report by William L. Watts LONDON (MarketWatch) -- Equity and commodity markets "have gone up too much, too soon, too fast," New York University professor Nouriel Roubini said in an interview with Bloomberg over the weekend. Roubini is widely credited with having predicted the financial crisis. "I see the risk of a correction, especially when the markets now realize that the recovery is not rapid and V-shaped, but more like U-shaped," he said. "That might be in the fourth quarter or the first quarter of next year." Roubini said the sharp rally in markets comes as the real economy is "barely recovering." Unless growth rebounds rapidly, markets will eventually flatten out and correct to valuations that are justified, he said.