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Roubini Lives Up to ‘Dr. Doom’ Alias With Global Recession Call

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Roubini discusses the global economy, geopolitical risk, and the U.S.-China trade negotiations.(Source: Bloomberg)

The U.S.-China trade war and a spike in oil prices from geopolitical tensions have the potential to push the world into recession next year, according to renowned doomsayer Nouriel Roubini.

“It’s a scary time for the global economy,” the head of Roubini Macro Associates, sometimes known as “Dr. Doom,” said in an interview with Bloomberg TV. He said he expects a recessionary shock to materialize next year.