Roubini Shorting US Stocks, 10% Correction Possible

Nora discusses her stance on the stock market, indicating a preference for shorting U.S. stocks due to potential economic downturns. She highlights factors like rising oil prices, persistent inflation, and central bank actions as key influences. The global economic outlook is bleak, with the eurozone, UK, and China facing significant challenges, potentially worse than the U.S.

What is Nora's current position on American stocks for the rest of the year?

• Shorting U.S. stocks

• Going long on U.S. stocks

• Holding U.S. stocks

• Investing in U.S. bonds

Which of the following factors does Nora mention as contributing to the potential decline in U.S. stocks?

• Decreasing oil prices

• Central banks reducing interest rates

• Stable inflation

• Rising oil prices and sticky inflation

How does Nora describe the economic situation in the eurozone and the UK compared to the U.S.?

• Worse than the U.S.

• Similar to the U.S.

• Unrelated to the U.S.

• Better than the U.S.

What economic condition does Nora predict for the eurozone and the UK?

• Economic boom

• Stagflation

• Deflation

• Rapid growth

According to Nora, which country is experiencing a sharp slowdown?

• Australia

• India

• Brazil

• China