Believe it or not, the famous (or is it infamous!) Dr Nouriel Roubini, also known as Dr Doom, has become Dr Boom – at least for the short-term.
This is the guy credited with picking the global financial crisis (GFC) and market collapse, and he has since travelled the world scaring the pants off investors and businesses. He is the US equivalent of Associate Professor Steve Keen, who also predicted that debt would cause serious economic and market collapses. However, Keen has also become famous (or infamous!) for predicting a house-price Armageddon in Australia.
CNBC reports that a number of bearish experts they follow have reworked their market views and are becoming bullish, but the most notable of all is Roubini.