'Dr Doom' Roubini: Coming Credit Crunch Will Tip the US Into Recession
"Dr. Doom" Nouriel Roubini said a "good chunk of the US banking system" will face a serious credit crunch that'll likely trigger a recession.
Stay updated with breaking news from Dr Doom. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"Dr. Doom" Nouriel Roubini said a "good chunk of the US banking system" will face a serious credit crunch that'll likely trigger a recession.
"Dr. Doom" says the Fed's rate hikes, along with mountains of debt, will lead to an eventual financial crash.
Nouriel Roubini is rooting for the demise of the cryptocurrency industry again. This time he's hoping regulators will help stamp it out.
Deutsche Bank is the latest to spark concern, and it follows the recent collapses of Silvergate, Silicon Valley Bank, Signature and Credit Suisse.
Insider's Phil Rosen breaks down how a key bond-market indicator is saying that a downturn is all but certain this year.