Wednesday, January 23, 2008

Quote of the day

But interestingly Roubini's predictable bearishness was met with no pushback whatsoever: given the panic in global stock markets and the US central bank, he's sounding positively mainstream at this point. Maybe that's the ultimate buy signal: when everybody agrees with Roubini, you know it can't get any worse.--Felix Salmon, at Davos

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