Recession to end by December but mkt may correct: Roubini

The US Federal Reserve in its meeting yesterday spoke about the US economy leveling out. Does Nouriel Roubini, chairman of RGEMonitor.com concur with that view?
Roubini, also known as Dr Doom for accurately forecasting the financial crisis beforehand, said the risk of the US economy slipping into a near depression had been eliminated due to the massive fiscal stimulation by the government.
“However, we are already now in the 20th month of this severe recession, the worse we have had since the last 60 years. It’s going to be over by December I believe, exactly 24 months as I had said long before.”
‘Current rally too fast too soon’
Roubini added that asset prices would have gone higher had there not been a significant rally due to the avoidance of the depression, lesser risk aversion and improvement in the global economic outlook. “The question is whether we are going to eye too much too soon, too fast compared to the improvement of the economic fundamentals and in my view there is a risk of a correction.”