Nouriel Roubini: don't get carried away

The bull run may continue for now. But, reckons the economist, talk of a melt-up may be overdone.

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Nouriel Roubini,professor of economics, New York University Stern School of Business
(Image credit: Federico Bernini)

"Investors' latest love affair with equity markets may continue this year," writes Nouriel Roubini on Project Syndicate. China's growth appears tobe stabilising. Brexit is becoming less of a headline issue (for global markets, at least). And central banks, most notably the Federal Reserve, have turned dovish in the face of market jitters.

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