Roubini vs Rubenstein: Bulls vs Bears

From Bloomberg:
http://bit.ly/9SYquI

In this corner, representing the "Bears":

"Nouriel Roubini, the New York University professor who anticipated the financial crisis, said the U.S. growth outlook remains "very dismal"..."

"The headline number will look large and big, but actually when you dissect it, it's very dismal and poor," Roubini said regarding the GDP growth of 5.7%

"Roubini said more than half of the growth was related to a replenishing of depleted
inventories and that consumption was reliant on a monetary and fiscal
stimulus. As these forces ebb, the rate will slow to 1.5 percent in the second half of
2010."

And in this corner, representing the "Bulls":
"Carlyle Group LP co-founder David Rubinstein countered Roubini's concerns. He said that even after a rally in global stocks that drove the MSCI World Index up more than 60 percent from March 2009, it's a "pretty attractive" time to invest.

"There are a lot of great opportunities we see in the United States and abroad," Rubenstein told a Jan. 27 panel. "Sometimes generals fight the last war, economists fight the last recession."

Hmmmmm who to believe?

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