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A global ‘shock to markets’ could trigger next financial crisis, warns Roubini

Shawn Langlois
A global ‘shock to markets’ could trigger next financial crisis, warns Roubini

The Federal Reserve is widely expected to strike a dovish chord when it meets this week, clearing the way for a July rate cut — the first in more than a decade — that almost 40% of economists in a WSJ poll are expecting. While a hawkish Fed no longer looms over this aging bull market, Nouriel Roubini, now says the world “has an even bigger problem on its hands.”