The over-leveraged household sector and a potential deflation of the housing bubble would continue to pose significant risks to the banking system stability in the near term. - in Macleans, Canada’s housing market: is it a cooling? Is it a crash?
Related: iShares MSCI Canada Index ETF (EWC), CurrencyShares Canadian Dollar Trust (FXC)
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.
Oct 31, 2012
Oct 29, 2012
Pieces Of Junk
US airlines are the most pathetic anti-deluvian pieces of junks ever flying. & they use octogenarians that should have retired 20 years ago. - in Twitter
Related tickers: US Airways Group, Inc.(NYSE:LCC), Delta Air Lines, Inc.(NYSE:DAL), JetBlue Airways Corporation (JBLU), AMR Corporation (PINK:AAMRQ)
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.
Related tickers: US Airways Group, Inc.(NYSE:LCC), Delta Air Lines, Inc.(NYSE:DAL), JetBlue Airways Corporation (JBLU), AMR Corporation (PINK:AAMRQ)
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.
Oct 22, 2012
The Overall Impact Of A Weaker US Dollar On The Trade Balance Is Close To Zero
Perhaps most important, a weaker dollar’s effect on the trade balance, and thus on growth, is limited by two factors.
First, a weaker dollar is associated with a higher dollar price for commodities, which implies a drag on the trade balance, because the US is a net commodity-importing country.
Second, any improvement in GDP derived from stronger exports leads to an increase in imports. Empirical studies estimate that the overall impact of a weaker US dollar on the trade balance is close to zero. - in LiveMint
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.
First, a weaker dollar is associated with a higher dollar price for commodities, which implies a drag on the trade balance, because the US is a net commodity-importing country.
Second, any improvement in GDP derived from stronger exports leads to an increase in imports. Empirical studies estimate that the overall impact of a weaker US dollar on the trade balance is close to zero. - in LiveMint
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.
Oct 19, 2012
The Impact Of A Weaker US Dollar On The Trade Balance
Empirical studies estimate that the overall impact of a weaker US dollar on the trade balance is close to zero. - in EconoMonitor
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.
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.
Oct 18, 2012
Video: Pilosio Award 2012 Speech
Speech by the famous economist Nouriel Roubini International Award Pilosio "Building Peace" 2012.
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.
Oct 10, 2012
IMF Downgrades 2013 Growth Outlook
IMF downgrades 2013 growth outlook, warns about risk of a global recession and worries about negative effects of excessive fiscal austerity. - 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.
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.
Oct 8, 2012
These Are The Most Interesting Times
"I love what I do, and for me it's not work. I get a lot out of what I do intellectually. These are the most interesting times that anyone involved in macro could think of - maybe too interesting. - in Foreign Policy
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.
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.
Oct 7, 2012
What To Do When Arriving A Country
When I arrive in a country, the first thing I do is ask the cab driver how the economy is doing or what he thinks about their government. When I’m in the hotel, I ask the same questions, or I walk around and go to the local shopping center. You know, I try to get a sense. And when I’m in a country I also try to talk to people who are not necessarily purely the elite.
I think it’s true that the 1 percent or the elite are living in a world of, maybe, excessive privilege, and they don’t fully realize how much pain and suffering, how much anxiety exists out there. I think there are lots of things that we have to figure out to make sure that we don’t have a social and political backlash. - in Business Insider
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.
I think it’s true that the 1 percent or the elite are living in a world of, maybe, excessive privilege, and they don’t fully realize how much pain and suffering, how much anxiety exists out there. I think there are lots of things that we have to figure out to make sure that we don’t have a social and political backlash. - in Business Insider
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.
Oct 5, 2012
Thunderously Right For So Thunderously Long
"Roubini has been so thunderously right for so thunderously long as to defy thunderous description." - Tom Keene, Bloomberg
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.
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.
Oct 4, 2012
Germany`s Economic Outlook
There was a divergence between economic growth of the core and the peripheral of the euro zone. Germany used to do better, but the latest data suggests a slowdown in German economic growth. It is still positive, but there are two shocks.
There are two main markets for exports, China and Asia, are slowing down. Secondly, the recession of the periphery of the euro zone is taking a toll because after all, most of the exports of Germany go to the rest of the euro zone. There is a significant slowdown of growth, even in Germany. - in Bloomberg
Related: Dax Index, EuroStoxx 50 Index
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.
There are two main markets for exports, China and Asia, are slowing down. Secondly, the recession of the periphery of the euro zone is taking a toll because after all, most of the exports of Germany go to the rest of the euro zone. There is a significant slowdown of growth, even in Germany. - in Bloomberg
Related: Dax Index, EuroStoxx 50 Index
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.
We Are In The Process Of Very Painful Deleveraging In Advanced Economies
We’re in the process of very painful deleveraging in advanced economies. We started the crisis with too much private debt and now we have too much public debt and deficits. Research suggests that usually a deleveraging cycle can last up to a decade.
The crisis in 2007, now we are in 2012 and therefore the process of deleveraging in the United States, in the euro zone, in the U.K. and Japan is barely mid-stream. In the U.S. we postponed the deleveraging of the public sector and the housing sector, and therefore, economic growth will is anemic. Therefore, the only thing we can do, given we don’t have the fiscal tool, is use the monetary policy. - in Bloomberg
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 crisis in 2007, now we are in 2012 and therefore the process of deleveraging in the United States, in the euro zone, in the U.K. and Japan is barely mid-stream. In the U.S. we postponed the deleveraging of the public sector and the housing sector, and therefore, economic growth will is anemic. Therefore, the only thing we can do, given we don’t have the fiscal tool, is use the monetary policy. - in Bloomberg
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.
Oct 3, 2012
QE3 Effects
In spite of the Fed’s impressive commitment to aggressive monetary easing, its effects on the real economy and on U.S. equities could end up being smaller and more fleeting than the effects of previous QE episodes. - in RGE
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.
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.
Oct 2, 2012
China: A Hard Landing Becomes More Likely In 2013
But a hard landing becomes more likely in 2013, as the stimulus fades, nonperforming loans rise, the investment bust accelerates, and the problem of rolling over the debts of provincial governments and their special investment vehicles can no longer be papered over. - in Irish Times
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.
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.
Oct 1, 2012
Excessive Investment, Financial Crisis & Slow Growth
All historical episodes of excessive investment – including East Asia in the 1990s – have ended with a financial crisis and/ or a long period of slow growth. - in HSBC Global Banking and Markets
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.
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 Economy: Growth Slowing To A Crawl
Chicago ISM & regional survey suggest a weakening of the the ISM & manufacturing at the national level. US growth in H2 slowing to a crawl. - 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.
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.
Subscribe to:
Posts (Atom)