Dr. Doom, Nouriel Roubini, who's been pretty much wrong on everything for the past five years, is now drawing parallels between 2014 and 1914.
#wef14 Echoes of 1914: backlash against globalization, gilded age of inequality, rising geopolitical tensions, ignoring tail risks
— Nouriel Roubini (@Nouriel) January 23, 2014
I've been waiting for a pullback to get back into stocks and I like all this worry and fear that is building. A bit lower, say, S&P 1750 or so, and I will start buying.Let's hope Dr. Doom keeps scaring people until then.
