He predicted a financial meltdown in 2008. Now, he warns of a ‘long, ugly’ recession

Roubini’s knowledge of the collapse of the housing bubble from 2007 to 2008 earned him the nickname DrDoom. Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally at the end of 2022 that could continue throughout 2023 and a sharp correction in the … Read more

Why Americans shouldn’t panic as the Fed raises interest rates: Finance experts

Americans should stay calm, boost their personal savings and sharply monitor their long-term fiscal plan like the Federal Reserve raises interest ratespersonal finance experts told The Post. The Federal Reserve raised its benchmark interest rate by 0.75% on Wednesday for the third consecutive month. By raising interest rates, the Fed makes it more expensive to … Read more