Apr 15, 2012

Eurozone Periphery: The Credit Crunch Is Intensifying

The credit crunch in the eurozone periphery is intensifying: thanks to the ECB long-term cheap loans, banks there don't have a liquidity problem now, but they do have a massive capital shortage. - in Project Syndicate

Related, 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 14, 2012

Eurozone: The Recession Will Worsen Throughout This Year

Interest-rate spreads for Italy and Spain are widening again, while borrowing costs for Portugal and Greece remained high all along. And, inevitably, the recession on the eurozone's periphery is deepening and moving to the core, namely France and Germany. Indeed, the recession will worsen throughout this year, for many reasons. - in The Guardian

Related, 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.

Apr 13, 2012

Eurozone's Periphery: The Euro Would Have To Fall To Parity With The US Dollar To Restore Competitiveness

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 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.

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.

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.

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.

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.
"I still see a very anemic U.S. economic recovery." - 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.

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.

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.

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.

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.

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.

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.

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.

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.