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03-17-2008, 03:10 PM #1
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Roach: Dollar Rout, Severe Recession Ahead
Roach: Dollar Rout, Severe Recession Ahead
Friday, March 14, 2008 8:42 a.m. EDT
International investors will continue to diversify away from U.S. assets as the American economy suffers through a severe recession, says Stephen Roach, chairman of Morgan Stanley Asia.
"Global investors have been concerned about being overweight in dollar assets for a long time,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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