The Labor Market Is Weakening

Rise in initial unemployment claims plus weak March payrolls confirms that labor market/economy is weakening. (Source: Roubini`s Twitter) Related, 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.

Eurozone Crisis Countries: Will Be Forced To Postpone Austerity

EZ crisis countries will all be forced to postpone some of the fiscal austerity as front-loading it will make their serious recession worse. - in Roubini`s Official Twitter Related, iShares MSCI Spain Index ETF (EWP), 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.

China Needs To Grow Private Consumption

China, which may face a hard landing in a few years, needs to grow private consumption as a percentage of gross domestic product. - in a conference - Santiago, Chile

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.

Chile: Fundamentals, Risks

Chile has been growing strongly - 6 percent - for the last 2 years and has strong macro-fiscal-financial fundamentals.

Chile's external risks are:
- a China slowdown & effect on copper price;
- the Eurozone crisis;
- the high price of oil
- a possible US slowdown

(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.

Eurozone: No Growth Strategy

The trouble is that the euro zone has an austerity strategy but no growth strategy. - in Transitions Online

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.

Chinese Slowdown

Chinese growth measured as q/q SAAR - rather than y/y as reported - was most likely only 6.9%, a very sharp slowdown - (Source: Nouriel`s 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.

EU: Without A Much Easier Monetary Policy...

Without a much easier monetary policy and a less front-loaded mode of fiscal austerity, the euro will not weaken, external competitiveness will not be restored, and the recession will deepen. And, without resumption of growth – not years down the line, but in 2012 – the stock and flow imbalances will become even more unsustainable. More eurozone countries will be forced to restructure their debts, and eventually some will decide to exit the monetary union. - in www.sundayszaman.com

Related, iShares MSCI Spain Index ETF (EWP), 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.