Durable Goods Orders Are Weak

Excluding the volatile military and aircraft components durable goods fell 1.2 percent, the worst since January.

(Source: Roubini`s Official Twitter)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

The Perfect Storm

By 2013 at the latest, but possibly already in 2012, a perfect storm of a double-dip recession in the U.S., a disorderly scenario in the euro zone and a hard landing in China could materialize. - in CNBC

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

The Eurozone Has Been In Denial

The Eurozone has been in denial of the fact that some of its member states are insolvent, as well as unable to survive and grow in a monetary union. - in CNBC

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Political Constraints Have Led Leaders To Avoid The Short-Term Pain & Political Costs Of Tough Decisions

The US has postponed its fiscal consolidation and avoided the other structural reforms – investments in infrastructure, education and skills and changes to energy policy – that are required to restore its potential growth rate. The eurozone has been in denial of the fact that some of its member states are insolvent, as well as unable to survive and grow in a monetary union. China has persisted in its weak currency, to support its export and investment-led growth model where savings are too high and consumption too low.

In all cases political constraints – the approaching elections in the US and leadership transition in China at the end of 2012, and the inability of the eurozone’s 17 governments and coalitions to coordinate policies coherently while staggered elections and changes of government take place – have led leaders to avoid the short-term pain and political costs of tough decisions that will yield benefits only over the medium term. - in Economonitor

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

A Plea To Policymakers: We Can’t Risk Another Year Of Delay

For the last three years the world’s biggest economies - the US, eurozone and China - have been living up to the infuriating euphemism so beloved of policymakers: ”kicking the can down the road”. They have been avoiding the tough decisions that are required to address their fundamental economic, financial and fiscal problems. - excerpt from the FT.com

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Brazil: Growth Is Slowing Sharply

Brazil has been hyped too much lately. Growth is slowing sharply.

(Source: Nouriel`s Official twitter)

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Video: "Conferencias Do Estoril" (Portugal)

Nouriel speaking at "Conferências do Estoril", Portugal.

Topics: Financial crisis, eurozone and the portuguese situation;

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Eurozone: A Recession Is Certain

At this point, a eurozone recession is certain. While its depth and length cannot be predicted, a continued credit crunch, sovereign-debt problems, lack of competitiveness, and fiscal austerity imply a serious downturn.

(Source: Project Syndicate)

Related ETFs, iShares MSCI Italy Index ETF (EWI), iShares MSCI Spain Index ETF (EWP), iShares MSCI Germany Index Fund ETF (EWG)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

The Outlook For The Global Economy In 2012 Is Clear (But It Isn’t Pretty)

The outlook for the global economy in 2012 is clear, but it isn’t pretty: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies. Asian economies are exposed to China.

Latin America is exposed to lower commodity prices (as both China and the advanced economies slow). Central and Eastern Europe are exposed to the eurozone. And turmoil in the Middle East is causing serious economic risks – both there and elsewhere – as geopolitical risk remains high and thus high oil prices will constrain global growth.

(Source: Project Syndicate)

Related ETFs, United States Oil Fund LP ETF (USO), iShares MSCI Emerging Markets Index ETF (EEM), iShares MSCI Brazil Index ETF (EWZ)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Roberto Saviano and Nouriel Roubini: Two Perspectives on the Crisis

Roberto Saviano and Nouriel Roubini: Two Perspectives on the Crisis,

New York University's Department of Italian Studies
Casa Italiana Zerilli-Marimò
Global and Joint Program Studies at the
Arthur L. Carter Journalism Institute

present "Italy and the U.S. Two Perspectives on the Crisis"

Featuring:
Roberto Saviano and Nouriel Roubini

Moderated by:
Ruth Ben-Ghiat, Chair, NYU Department of Italian Studies

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

China Will Slow Sharply In 2012

RGE view: China slows down sharply in 2012 to 7.4 percent growth from 9.1 percent in 2011. Not yet full hard landing but sharper slowdown than most expect.

Related: iShares FTSE/Xinhua China 25 Index ETF (FXI)

(Source: Roubini`s Official Twitter)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

US Consumption Is Weak

Consumers slowing down retail spending after modest Q3 binge. Once properly corrected for discretionary service spending consumption is weak.

(Source: Nouriel`s Official Twitter)

Related, Consumer Discretionary SPDR ETF (XLY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

RGE 2012 Outlook Overview

RGE 2012 Outlook Overview:

- Eurozone in deep recession;
- United States at stall speed with 50 percent double dip risk;
- China (in) sharp slowdown;

(source: Twitter)

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

US Economic Outlook: Q1 2012 Risks

If economy grew only 1.5 percent in Q3/Q4 and we have a 1.5 percent of GDP fiscal drag in 2012, by Q1 2012 we are back to sharp double dip recession risk. - in NR`s Twitter

ETFs, SPDR Dow Jones Industrial Average ETF (DIA)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

ECB Will Cut Policy Rate & Loosen Collateral Requirements

ECB will cut the policy rate, loosen collateral requirements, lengthen maturity of loans to Eurozone banks. Not enough to avoid the Eurozone recession. - in Twitter

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Eurozone In Recession, US At Recession Risk

Eurozone in recession; UK headed to recession; US at recession risk given weak growth, fiscal drag, Eurozone shocks, housing, oil; China slowing sharply. - in Newsmax

ETFs, United States Oil Fund (USO), SPDR S&P 500 Index ETF (SPY), ProShares UltraShort S&P500 ETF (SDS)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Gold Standard: One Of The Major Causes Of The Great Depression

One of the major causes of the Great Depression was the existence of the gold standard. They restrained the ability of Central Banks to provide lender-of-last-resort support to their banks, created tight money — it created bank runs, and Lead eventually to the Great Depression. - in Yahoo Finance

Ticker, SPDR Gold Trust ETF (GLD)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Italy: What Will Restore Growth?

Key issue in Italy: what will restore growth given that the additional fiscal austerity and higher taxes will make the recession more severe? - in Twitter

Related, iShares MSCI Italy Index ETF (EWI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Is Contemporary Art In A Bubble?

Now in South Beach for Art Basel. Is contemporary art in a bubble? Possibly given skyrocketing valuations that look inflated. - in Twitter, Art Basel

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Italy Needs A Primary Surplus Merely To Stabilize Its Debt

Italy needs a primary surplus of 5 per cent of (GDP), not the current near-zero, merely to stabilize its debt. Soon real rates will be higher and growth negative. Moreover, the austerity that the (ECB) and Germany are imposing on Italy will turn recession into depression... - in OpEd News

ETFs, iShares MSCI Italy Index ETF (EWI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Friday`s Employment Report: What To Expect?

ADP suggests 206,000 job growth in November; but TrimTabs data (based on daily Treas payroll tax & income data) suggests only 64,000. - in Twitter

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Central Banks Action Goes Against The Need To Weaken The Euro

Central Banks action on currency swaps is a disguised form of Foreign Exchange intervention to stop US Dollar shortage weakening the Euro. So it goes against the need for weaker Euro. - in Twitter

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

PIIGS Need A Weaker Euro, Not A Stronger One

Eurozone's PIIGS (Portugal, Ireland, Italy, Greece and Spain) need a weaker, not stronger Euro, to restore their competitiveness and avoid Eurozone break-up. But Central Banks` swaps action today makes the Euro stronger. - in Twitter

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

The Fiscal Drag On The US Economy

"If the economy is growing only 1.5 percent to 2 percent and you get a fiscal drag of 1.3 percent — that's the difference between a growth recession and effectively zero growth." - newsmax.com

Related, SPDR S&P 500 ETF (SPY), iShares Russell 2000 Index ETF (IWM)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Twitter Wars: The Gold Standard

Nouriel Roubini decided to ask James Rickards, author of "Currency Wars," why he advocates for a return to the gold standard in his book "currency wars," when it was this return to gold that was a direct cause of the Great Depression. James Rickards responded by pointing out that it was not the return to gold, but rather the return to gold at the pre-WWI price that necessitated deflation, which exacerbated the depression. Nouriel then went to town on Rickards with, what became, full out, personal insults. He called James Rickards "arrogant" and said that the Wizard of OZ is a better read for those who want to understand the gold debate than Currency Wars.

Related, SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Markets May Soon Crack

Eurozone slow motion train wreck is becoming an accelerated one, as train reaching a thick brick wall. Markets, both equities and Eurozone bonds, may soon crack.

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

EURUSD: We Are Still Far Away From The 2002 Low

In 2002 when there was no risk of sovereign debt crisis or Eurozone break-up EUR/USD fell well below parity to 0.8200. So we are still 50 percent away from that. - in Twitter

Tickers, PowerShares DB US Dollar Index Bullish (UUP)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Italy May Soon Be Forced To Restructure Its Public Debt

As I wrote in my Financial Times op-ed weeks ago, Italy may soon be forced to restructure its public debt and even that isn't sufficient. - in Roubini`s Official Twitter

Related, iShares MSCI Italy Index ETF (EWI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.