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View Full Version : Roubini Says Stocks Will Drop as Banks Go ‘Belly Up’ - Bloomberg



NewsWhore
03-26-2009, 07:21 AM
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Roubini Says Stocks Will Drop as Banks Go ‘Belly Up’ (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaCvWs8KIIsUo%26refer%3Dhome&cid=1320821383&ei=UGbLScCDKI3CMd7N9LYM&usg=AFQjCNFQfqd2_diYAfDxD42YEDdVnxiMHA)
Bloomberg
While the dollar will initially benefit as investors seek a safe haven in the US, the currency will ultimately drop as the country’s trade deficit shrinks, he said. Mobius, who helps oversee about $20 billion of emerging- market assets as executive ...


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