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Roubini’s Dead Cat Bounce Was Wrong

Posted on August 1, 2009

My March 15, 2009 post http://bit.ly/MGm5k
The CalculatedRisk Roubini post http://bit.ly/HDNOP
S&P 500 http://bit.ly/goyzj

Roubini may have called the devasting recession correctly. But I think he misread the March 2009 period. I think it truly was the bottom and not a dead cat bounce. What do you think?

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