While über-competitive Germany can withstand a euro at – or even stronger than – $1.30, for the eurozone's periphery, where unit labor costs rose 30-40 percent during the last decade, the value of the exchange rate would have to fall to parity with the US dollar to restore competitiveness and external balance. - in The Guardian Blog
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.
Apr 13, 2012
Apr 11, 2012
Spain's Industrial Production Is Free Falling
Spain's industrial production is free falling and the draconian fiscal austerity will make its recession much worse...
(Source: Roubini`s Official Twitter)
Related, IBEX 35 Index, iShares MSCI Spain Index ETF (EWP)
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.
(Source: Roubini`s Official Twitter)
Related, IBEX 35 Index, iShares MSCI Spain Index ETF (EWP)
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.
Apr 9, 2012
Views On The Unemployment Rate Drop
The unemployment rate fell only because many discouraged workers who cant find jobs left the labor force. The participation rate fell! - in Nouriel`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.
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.
Apr 4, 2012
Euro Zone Needs A Divorce
Like a marriage that no longer works, the euro zone should accept its fate, split up and get divorced, according to Roubini Global Economics. - in MoneyControl
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.
Apr 3, 2012
The Periphery Needs To Have The Euro Closer To Parity With The U.S. Dollar
"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 U.S. dollar." -in a conference in 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.
The periphery needs to have the euro closer to parity with the U.S. dollar." -
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.
Apr 2, 2012
Euro Needs to Be Weaker
Latest CNBC video interview.
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.
Mar 31, 2012
Austerity: Debt`s Vicious Circle
There’s this vicious circle with the deficit that doing austerity makes the recession worse. Without growth, the socio-political backlash will become overwhelming for some governments. - 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.
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.
Mar 30, 2012
Middle East: Tensions Are Rising
Even short of a military confrontation, the war of words is going up and the covert war is going up. These tensions are going to rise. The entire Middle East is a source of tensions that are geopolitical for the global economy. - 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.
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.
Mar 28, 2012
Brazil: Structural Reforms Needed
Brazil growth only 3 percent this year (year-on-year) but rising from 2 percent in H1 to 4 percent (potential) in H2. Structural reforms needed.
(Source: Roubini`s Official Twitter)
Related, 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.
(Source: Roubini`s Official Twitter)
Related, 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.
Mar 27, 2012
Okun`s Law
Bernanke's take on Okun's Law is same I gave: over-firing in crisis led now to over-hiring. But if growth remains low, job growth will slow. - in Nouriel`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.
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.
Mar 24, 2012
Gold Standard Systems: Bernanke Got It Totally Right
Bernanke got it totally right "Fed`s Bernanke: Gold standard systems didn`t work before, won`t work now" - in Twitter
Related, 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.
Related, 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.
Mar 23, 2012
Fedex (FDX) Is A Bellwether Of Global Growth
Fedex is a bellwether of global growth: "FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast"- Bloomberg
(Source: Roubini`s Official Twitter)
Related, Fedex (FDX), SPDR S&P 500 Index ETF (SPY)
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.
(Source: Roubini`s Official Twitter)
Related, Fedex (FDX), SPDR S&P 500 Index ETF (SPY)
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.
Mar 21, 2012
China Risks A Hard Landing Unless...
In my speech at the CDF in Beijing I argued that China risks a hard landing unless it implements rapidly reforms that increase consumption. - in Nouriel`s Official Twitter
Related, iShares FTSE/Xinhua China 25 Index ETF (FXI)
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, iShares FTSE/Xinhua China 25 Index ETF (FXI)
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.
Mar 16, 2012
The Next Few Weeks Could Bring A Reduction In Geopolitical Tensions
The next few weeks could bring a reduction in tensions, as the US, France, Germany, the United Kingdom, China, and Russia go through another round of attempts to prevent Iran from developing nuclear weapons or the capacity to produce them. But if this attempt fails, as is likely, one cannot rule out that, by summer, Israel and the US agree that, sooner rather than later, force will have be used to stop Iran. - in Economonitor
Related, United States Oil Fund ETF (USO)
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, United States Oil Fund ETF (USO)
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.
Mar 15, 2012
The Risk Of A Spike In Oil Prices
No risk is more serious than that posed by a further spike in oil prices.
The reason is fear. Not only are oil supplies plentiful, but demand in the US and Europe has been lower, owing to decreasing car use in the last few years and weak or negative GDP growth in the US and the eurozone. Simply put, increasing worry about a military conflict between Israel and Iran has created a “fear premium.”
If the drums of war (between Iran and the U.S.-Israel alliance) grow louder this summer, oil prices could rise in a way that will most likely cause a US and global growth slowdown, and even an outright recession if a military conflict erupts and sends oil prices soaring.
Oil is already well above $100/barrel, despite weak economic growth in advanced countries and many emerging markets. The fear premium might push prices significantly higher, even if no military conflict ultimately takes place, and could trigger a global recession if one does. - in Business Insider
Related, United States Oil fund ETF (USO), Exxon Mobil (XOM), Crude Oil Futures, Transocean (RIG), ConocoPhillips (COP)
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 reason is fear. Not only are oil supplies plentiful, but demand in the US and Europe has been lower, owing to decreasing car use in the last few years and weak or negative GDP growth in the US and the eurozone. Simply put, increasing worry about a military conflict between Israel and Iran has created a “fear premium.”
If the drums of war (between Iran and the U.S.-Israel alliance) grow louder this summer, oil prices could rise in a way that will most likely cause a US and global growth slowdown, and even an outright recession if a military conflict erupts and sends oil prices soaring.
Oil is already well above $100/barrel, despite weak economic growth in advanced countries and many emerging markets. The fear premium might push prices significantly higher, even if no military conflict ultimately takes place, and could trigger a global recession if one does. - in Business Insider
Related, United States Oil fund ETF (USO), Exxon Mobil (XOM), Crude Oil Futures, Transocean (RIG), ConocoPhillips (COP)
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.
Mar 14, 2012
If Iran Exports Go To Zero, Oil Could Go To 200 USD
If there's an effect on the supply of oil and gas from the Gulf, and production and exports from Iran go for a while to zero, oil could go to $170, $180, $200 a barrel. - in Foreign Policy magazine
Related, United States Oil Fund (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Transocean (RIG)
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, United States Oil Fund (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Transocean (RIG)
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.
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