Friday, November 27, 2009
Nov. 27 (Bloomberg) -- The worldwide decline in equities spurred by Dubai’s efforts to reschedule its debt is a sign that government spending alone won’t be enough to protect financial markets, according to Arnab Das of Roubini Global Economics.
Stock volatility will probably jump as countries and companies default on loans, said Das, the head of market research and strategy at RGE, the advisory firm founded by economist Nouriel Roubini.
Read Full Article >>>>
Friday, November 20, 2009
“Conditions in the U.S. labor markets are awful and worsening,” writes Nouriel Roubini in The New York Daily News.
“While the official unemployment rate is already 10.2 percent and another 200,000 jobs were lost in October, when you include discouraged workers and partially employed workers the figure is a whopping 17.5 percent.”
“Remember: The last recession ended in November 2001, but job losses continued for more than a year and half until June of 2003; ditto for the 1990-91 recession,” writes Roubini.
“That fall in hours worked is equivalent to another 3 million full time jobs lost on top of the 7.5 million jobs formally lost,” writes Roubini.
“This is very bad news but we must face facts. Many of the lost jobs are gone forever, including construction jobs, finance jobs and manufacturing jobs.”
Thursday, November 12, 2009
Roubini has continuously had an unpleasant forecast for the economy. On the other hand, Buffett made it a point to demonstrate his faith in the economy when he announced his purchase of the railroad, saying “If you buy a railroad, you can’t move it to China or to India or anyplace else. You are betting on the United States. I can’t think of a surer bet.”
Tags : peter schiff AC360 Anderson Cooper Inflation CNN David Tice Jim Rogers Ron Paul Marc Faber lateline australia Newsroom Your Money Bloomberg Volker Economy Depression Bailout Dollar Karl Denninger, Ticker guy, bailout, plan, collapse, paulson, bernanke Gold, Comex, Manipulation Investing, Bloomberg, Stock Market fiat amero currency standard bretton woods silver zeitgeist addendum crash technical analysis cramer IBD stochastics macd rsi candlestick sex Commentary John Authers Chris Giles Krishna Guha Neil Hume Norma Cohen Vanessa Houlder Elizabeth Forex Tv, Forex, Euro, Dollar, Yen, Currencies spx elliot wave theory bear bull Paul, Bailouts, Bernanke, Depression, Precious Metals S&P 500, QQQ, abc correction fibonacci Crash, Recession, Crisis, alphatrends stocks business finance trading daytrade : brian shannon technicalanalysis Analysis, Stocks, Trading, charts ETF oil NASDAQ QQQQ resistance support SPY &Analysis ASX rejection Willem Buiter Joseph Stiglitz Bernd Weidensteiner Citi commercial documentary Fed film gotcha! grassroots Lehman Morgan Obama outreach political politics Stearns subprime $100 crude elliott energy forecast international markets peak price service 2008 Election futures Iran Iraq McCain Pakistan platinum War Todd Harrison Minyanville Commodities Ryan Parker Gas Willie Treasuries Liberty Rider Campaign YALiberty Deflation GATA AdrianDouglas Dave Skarica China
Wednesday, November 11, 2009
Take oil prices: They have gone up from $30/barrel to over $80, at a time when demand is back to 2005 levels, and oil inventory is at all-time highs. Part of the increase is justified by fundamentals. But part of it is essentially this wall of liquidity chasing assets, and the effect of carry trade on the U.S. dollar, driving further higher these commodity prices.
So these nonfundamental factors can push oil and commodity prices higher, especially if there's going to be an increase in expected inflation. But the fundamentals of supply and demand actually suggest that, from now on, oil and other commodity prices should be lower, rather than higher."
Full Interview >>>
Friday, November 6, 2009
Read Article >>>>
Wednesday, November 4, 2009
The mother of all carry trades faces an inevitable bust, Nouriel Roubini, chairman of RGE Monitor , told CNBC.
Tags: peter schiff AC360 Anderson Cooper Inflation CNN David Tice Jim Rogers Ron Paul Marc Faber lateline australia Newsroom Your Money Bloomberg Volker Economy Depression Bailout Dollar bulls bears cost of freedom fox bank FED printing leman brothers Glenn Beck Gold, Inflation, Commodities, Hyperinflation, Dollar, Fiat Currency prepare 700 2008 Economic Collapse george4title Paul, Bailouts, Paulson, Bernanke, Depression, Recession, Debt Nationalization banks two world decoupling United States Obam McCain IRS Currencies Obama Liberty Rider Campaign for YALiberty Stocks Deflation Technical Analysis CNBC economist housing meltdown mortgage subprime Silver Dave Morgan Monetary Skarica Karl Denninger FDIC Kevin Depew Airlines Andrew Cardwell 10 2009 January Leeb Stephen Barack Bug Kudlow bubble credit crunch foreign Fed, green shoes overhead resistance velocity bond Schiff, Bailout, Crisis, Bill Seidman Dollars Strong Market prining
Tuesday, November 3, 2009
Popular Posts This Month
"Last time around it took them two years to normalize from 5 to 5.25, too little too late … they created the biggest housing, real est...
Nouriel Roubini , the bearish economist known as “Dr. Doom,” warned investors to look out if the Federal Reserve waits too long to hike int...
Nouriel Roubini :global economic status quo The Outlook for Financial Markets, for their governance and for finance. Nouriel Roubini...
Roubini Warns that even as many threats to the world economy have receded, new ones have quickly emergedNEW YORK – The world’s economic, financial, and geopolitical risks are shifting. Some risks now have a lower probability – even if they ar...
Many emerging markets are in real trouble. The list includes India, Indonesia, Brazil, Turkey, and South Africa, dubbed the Fragile Five be...
Discussing QE and when the Fed will raise interest rates, with Nouriel Roubini, Roubini Global Economics co-founder and chairman. ...
March 27 (Bloomberg) -- Nouriel Roubini, chairman of Roubini Global Economics LLC and a professor at New York University, talks about the...
‘Dr. Doom’ warns Canada’s housing bubble about to burst | It’s the doctor versus the governor in the ongoing debate over the direction of...
In Japan , the first two “arrows” of Prime Minister Shinzo Abe’s economic strategy – monetary easing and fiscal expansion – have boosted gr...
April 4 (Bloomberg) -- Nouriel Roubini , chairman of Roubini Global Economics LLC and a professor at New York University, discusses the U.S...
Nouriel Roubini nicknamed Dr. Doom and lately Dr. Realist by CNBC , is a professor of economics at the Stern School of Business, New York University and chairman of RGE Roubini Global Economics, an economic consultancy firm . Prof. Nouriel Roubini A world-class economist who offers an unflinching look at the global meltdown and distinctive insights into its course going forward. His research on financial crisis in emerging economics has yielded a unique and now vindicated approach to future collapses. Roubini speaks on the global economic outlook and its implications for the financial markets. From his analysis of past collapses of emerging economies, he has identified common factors that support his predictions of crisis in the US and world markets. He has held several high-level advisory positions in the US government and international finance organisations, published numerous policy papers and books on key international macro-economic issues and is regularly cited as an authority in