Roach Says U.S. Jobless Rate May Peak in 9% to 10% Range
Bloomberg asked:
Jan. 30 (Bloomberg) — Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg’s Erik Schatzker and Carol Massar about the outlook for the US unemployment rate. Roach, speaking at the World Economic Forum in Davos, Switzerland, also discusses the state of the US and global economies, and President Barack Obama’s stimulus plan. (Source: Bloomberg)