Doctor Doom's Prediction

I'm not the only cynical dreamer with dour predictions for the stock market. The worst is yet to come for markets and the global economy in 2013, according to New York University economist, Dr. Doom, also known as Nouriel Roubini.

As the good doctor points out, major economies are either in a recession or experiencing slow growth rates, while in the United States, uncertainty surrounding the fiscal cliff — a combination of tax hikes and spending cuts due to strike next year — will roil markets as well.

See for yourselves. He sounds pretty confident in his views during this recent interview -