![]()
- The Secret Lives of Traders—Seeking the Next Hot Thing
- China January Trade Surplus Soars as Imports Crumble
- Markets Finally Get Greek Deal —So Where's the Rally?
- Warren Buffett: Stocks Will Outperform Gold and Bonds
- Alibaba Plans to Buy Back Yahoo Stake, Go Private
- Greece Deal Fails to Convince, EU Demands More
- 'Mortgage Deal from Hell' Hurts Sound Borrowers: Bove
- Clint Eastwood: Super Bowl Ad Endorses No One
- Zynga, Hasbro Partner to Make Toys, Games
MOST SHARED
- China January Trade Surplus Soars as Imports Crumble
- Jobs You Can Do Forever
- Lightning Round: Yahoo!, CEC Entertainment, Standard Pacific and More
- China City Raises Cash Subsidies for Home Buyers
- Euro Near Two Month Highs After Greece; Outlook Uncertain
- Gold in Tight Range After Greece Deal, CME cut
- Tesla Unveils First SUV: Model X
- US Crude Dips After Three Days of Gains
- Steelers' Antonio Brown Spends Super Bowl Week with Twitter Fan Turned BFF
- Cramer: Berkshire Hathaway Is a 'Screaming Buy'
MOST POPULAR
HOT ON FACEBOOK
Stock Market To Fall Another 20%-25%: Roubini
The economy will worsen in the coming months and cause the market to fall another 20 to 25 percent in the United States and abroad, said Nouriel Roubini, a New York University business professor, on CNBC’s “Squawk Box” on Monday.
“There's going to be negative growth all the way to the end of 2009," he said. “The surprises from now are going to be on the downside, for the economy, for earnings, for the financial system." (See video of Roubini, left.)
Job losses will accelerate in the next months, Roubini said, and he expects a weak economic recovery in the short and mid-term.
“There's going to be a very slow recovery, because you have the financial system that's impaired; earnings are not going to grow very fast, and therefore the stock market will go sideways for quite a while,” he said.
More Economic News on CNBC.com:
- Time to Bail Out Auto Makers: Roubini
- Circuit City Files For Chapter 11 Bankruptcy
- Roubini on Circuit City Bankruptcy File
- Job Loss Acceleration








