Oil, Rates May Stifle Recovery: Roubini – CNBC.com

The price of oil, which is rising too fast, and long-term interest rates that are beginning to creep up are likely to suppress a budding recovery, Nouriel Roubini, president of RGE Monitor, told CNBC Monday.

DOW off 100 now….

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June 22, 2009. Tags: commodities, Consumer Spending, Dr Doom, Economy, housing recovery, Nouriel Roubini, Oil prices, recession, treasury rates. Economy, Finance, Wall St. 2 comments.