Showing posts with label Shanghai Exchange. Show all posts
Showing posts with label Shanghai Exchange. Show all posts

Friday, September 4, 2015

Ambrose Evans-Pritchard — Nouriel Roubini dismisses China scare as false alarm, stuns with optimism

Nouriel Roubini has cast aside his mantle as the lugubrious "Dr Doom" of the global economy, scathingly dismissing market panic over China as "manic depressive" behaviour by ill-informed investors.
"China is not in free-fall," he told the Ambrosetti forum of world leaders on Lake Como.

Mr Roubini, a professor at New York University, described the alarmist reaction to the Shanghai stock market rout as "excessive, unreasonable and irrational".…
The Telegraph
Nouriel Roubini dismisses China scare as false alarm, stuns with optimism
Ambrose Evans-Pritchard