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3 Reasons This Rally Is Doomed

"Markets have gone up too much, too soon, too fast." --Nouriel Roubini .... Prof. Roubini, known for having predicted the economic crisis, proclaims he's cautious in the near term because of a weak economic recovery. George Magnus, economic advisor at UBS, agrees, saying, "This recovery is entirely dependent on the unprecedented largesse of governments and central banks ... the recovery is built on very short-term foundations."
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