Jan 6, 2012

Hungary`s Financing Gap

In 2012 Hungary may have a financing gap as large as 10 percent of GDP putting pressure on reserves and currency. (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.

Jan 5, 2012

Irish Economy ‘Double-Dipping' as Services Shrink

Ireland's economy is clearly double-dipping. - in Business Week

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 No Growth Strategy

New Eurozone fiscal compact will imply even more recessionary front-loaded fiscal austerity both in the PIIGS and core Eurozone. The EZ has no growth strategy.

(Source: Roubini`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.

Jan 3, 2012

2012 Will Be A Bumpy Year For The Global Economy

2012 will be a bumpy year for the global economy: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies. To paraphrase Bette Davis in All About Eve, “Fasten your seatbelts!” - in Economy Watch

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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.

Jan 2, 2012

Fiscal Stimulus & The Positive Multiplier Effect

10 out of 11 empirical/econometric models of the 2008-2010 US fiscal stimulus show a significant positive multiplier effect on GDP and jobs.

(Source: Nouriel 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.

Jan 1, 2012

The Euro Zone Needs A Real Depreciation In The Periphery

The euro zone needs a real depreciation in the periphery to achieve the restoration of growth, external balance and competitiveness. The periphery needs to have the euro closer to parity with the US dollar.” - at the Ambrosetti Workshop on the shores of Lake Como, Italy

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.

Dec 29, 2011

Gold Futures Fell For A 6th Straight Session

Gold futures fell for a sixth straight session, the longest slump since March 2009, with a 1.5 percent drop to $1,540.90.

(Source: Roubini`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.

A Perfect Storm

By 2013 at the latest, but possibly already in 2012, a perfect storm of a double-dip recession in the US, a disorderly scenario in the Eurozone and a hard landing in China could materialize. - in advisor.ca

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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.

Dec 28, 2011

An Eurozone Recession Is Certain (Depth And Length Cannot Be Predicted)

'At this point, an 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 severe downturn.' - excerpt from Roubini`s outlook for next year titled Fragile and unbalanced in 2012

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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.

Dec 27, 2011

US Home Prices Still Falling. Expect More Of The Same In 2012.

US home prices still falling as supply (including foreclosures) exceeds demand. Expect more of same in 2012 with millions more households underwater.

(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.

Dec 24, 2011

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.

Dec 23, 2011

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.

Dec 22, 2011

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.

Dec 21, 2011

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.

Dec 20, 2011

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.

Dec 19, 2011

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.

Dec 18, 2011

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.

Dec 17, 2011

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.

Dec 16, 2011

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)

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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.

Dec 15, 2011

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.

Dec 14, 2011

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.

Dec 13, 2011

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)

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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.

Dec 12, 2011

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.

Dec 8, 2011

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

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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.