economic prediction

Post-Elections, Roubini Sees a 'Fiscal Train Wreck'

The noted economist writes in a Financial Times editorial that Obama did plenty to stave off a depression. But his administration is already too timid about further stimulus, and once the GOP gains power in Congress, the policy prescriptions will become even more feeble.

Top Economists See Consumers Rebounding Faster

Forget the gloomy predictions: According to Richard Berner of Morgan Stanley, U.S. consumers are a year ahead of schedule in repairing their household balance sheets, giving them the ability to start spending again soon. And the head of the IMF was explicit Monday: A double dip is unlikely.