u-shaped

Is the U.S. headed for a "new normal" -- a slow-growth economy that lasts perhaps for as long as a decade? The evidence supporting the new-normal argument, predicting a future in which the U.S. GDP grows at no more than 2.0% to 2.5% per year, is compelling. That low growth rate would constrain...

After predicting our current global financial crisis, New York University professor of economics Nouriel Roubini earned himself the nickname Dr. Doom. Roubini's words have the power to move markets; when he talks, people listen. And lately, Roubini seems to have changed his tune somewhat, albeit...