The media covers this guy like white on rice so I feel beholden to cover his remarks, though they probably aren’t worth mentioning until his tune changes. The tune has yet to change, that’s for sure. Roubini sees risks of a double-dip recession in the US and little chance of the Fed raising rates any time soon. He sees potential for 1970s style inflation if the Fed monetizes the US debt.
He sees a correction in the stock market but does not see a new low below those established in March. That is the closest thing to a bright spot as you will hear from the good doctor.