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The Latest Bear Market Sucker’s Rally is Losing Its Steam as an Onslaught of Awful Macro and Earnings News Takes Its Toll

Nouriel Roubini
Jan 14, 2009 1:06PM

I have been predicting for a while that the most recent bear market sucker’s rally would lose its steam and – like the previous bear market rallies in the last 18 months – US and global equities prices would head again towards new lows.

Let me now explain why…

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