Agoracom Blog

VIDEO: More Support For My QE3 Delayed BUT Cometh Call – Nouriel Roubini Calls QE3 By December

Posted by AGORACOM at 7:00 AM on Friday, August 26th, 2011

My position on QE3 hasn’t changed since I made my March 30th call that QE3 would be delayed … but would inevitably come.  A few hours ago, I received yet another boost of support from Nouriel Roubini, via CNBC, who stated:

“The reality is we’re heading toward recession, and one of the few policy bullets [the Federal Reserve] has left is monetary policy or QE3.”

As a result, Roubini also believes today’s upcoming Jackson Hole summit is irrelevant. QE3 is coming.

Watch the video below for his full details.

Comments are closed.