Nouriel Roubini, the New York University economist who accurately predicted the U.S. housing slump would trigger a recession, said the Bank of Canada should take a stronger line on monetary policy to weaken the currency and spur the economy.
International investors are the most upbeat about the global economy than at any time in almost five years, buoyed by the U.S.-led revival of industrial nations, according to the Bloomberg Global Poll.
Right this minute, 2,500 attendees of the World Economic Forum are snapping their valedictory selfies in front of expensive snow-capped Alps. Congratulations, Davosians. We hope you’ve saved the world.