'Dr. Doom' Roubini Warns Markets 'Delusional' About Fed Rescue As Trump, Xi Jinping, Jerome Powell Locked In High-Stakes Standoff

Renowned economist Nouriel Roubini, nicknamed “Dr. Doom” for his pessimistic but often accurate predictions, warned Monday that financial markets are mistaken about the Federal Reserve’s willingness to step in amid escalating trade tensions. What Happened: “Markets have been delusional that Powell…