We are concerned about the potential for a “perfect storm” in 2013: a disorderly situation in the eurozone (EZ), with a Greek exit and significant contagion to other fragile periphery members; U.S. growth that slows to stall speed as a sharp fiscal cliff looms; tensions in the Middle East between the U.S./Israel and Iran that reach a boil and trigger a spike in oil prices; a landing in China that moves from soft to hard; and a massive slowdown in other emerging markets (EMs). - in RGE
Related: SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets ETF (EEM);
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.
Jun 6, 2012
Jun 4, 2012
Global Slowdown
Global slowdown: EZ/UK in recession, US close to stall speed, BRICs slowing down, EMs - in Asia, Latam, Central Europe - slowing down too. - in Twitter
Related: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Brazil Index (ETF) (NYSE: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.
Related: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Brazil Index (ETF) (NYSE: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.
May 31, 2012
2013`s Fiscal Drag
The point is, all this is expiring at year end, and the hole will be $600 billion, or about 4 percent of GDP, and then we plunge into a nasty recession. Some items may be continued (if the Republicans and Democrats can agree to extend) but a realistic assessment is a fiscal drag. - USA Today
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.
May 30, 2012
2013: Perfect Storm Scenario
2013 perfect storm scenario: EuroZone train wreck; US back to stall speed with fiscal cliff; oil price spike as Iran war; China/Emerging Mkts hard landing. - in Twitter
Related: United States Oil Fund (USO), iShares MSCI Emerging Markets Indx ETF (EEM);
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), iShares MSCI Emerging Markets Indx ETF (EEM);
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.
Is Russia A Dynamic Emerging Market? Not A Chance.
So if its government isn’t interested in western clubs, can we classify Russia as a dynamic emerging market? Not a chance.
In China, a Communist party has engineered a complex, high-powered economic engine that has lifted the country from abject poverty to become the world’s second-largest economy. India has produced some of the world’s more innovative private sector companies. Brazil is now an increasingly self-confident democracy with a well-diversified economy and a growing international profile.
Russia, by contrast, has become an authoritarian state built on Mr Putin’s reputation as a tough guy and the export of oil, gas, other natural resources and little else. Corruption is endemic. - in Economonitor
Related: Market Vectors Russia ETF (RSX)
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.
In China, a Communist party has engineered a complex, high-powered economic engine that has lifted the country from abject poverty to become the world’s second-largest economy. India has produced some of the world’s more innovative private sector companies. Brazil is now an increasingly self-confident democracy with a well-diversified economy and a growing international profile.
Russia, by contrast, has become an authoritarian state built on Mr Putin’s reputation as a tough guy and the export of oil, gas, other natural resources and little else. Corruption is endemic. - in Economonitor
Related: Market Vectors Russia ETF (RSX)
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.
May 29, 2012
Greece Should Leave The Eurozone
Postponing the exit after the June election with a new government committed to a variant of the same failed policies (recessionary austerity and structural reforms) will not restore growth and competitiveness. Greece is stuck in a vicious cycle of insolvency, lost competitiveness, external deficits, and ever-deepening depression.
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.
May 24, 2012
US Economic Data: Lousy Durable Goods Orders
Lousy durable goods orders; Q1 GDP growth to be revised down and Q2 starts on a weak note. - 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.
May 22, 2012
The Greek Euro Tragedy Is Reaching Its Final Act
The Greek euro tragedy is reaching its final act: it is clear that either this year or next, Greece is highly likely to default on its debt and exit the euro zone. Postponing the exit until after next month’s election with a new government committed to a variant of the same failed policies will not restore growth and competitiveness.
Greece is stuck in a vicious cycle of insolvency, lost competitiveness, external deficits and ever-deepening depression. The only way to stop it is to begin an orderly default and exit, co-ordinated and financed by the European Central Bank (ECB), the European Union, and the International Monetary Fund (the Troika), that minimises collateral damage to Greece and the rest of the euro zone. - in Business Day
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.
Greece is stuck in a vicious cycle of insolvency, lost competitiveness, external deficits and ever-deepening depression. The only way to stop it is to begin an orderly default and exit, co-ordinated and financed by the European Central Bank (ECB), the European Union, and the International Monetary Fund (the Troika), that minimises collateral damage to Greece and the rest of the euro zone. - in Business Day
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.
May 21, 2012
Emerging Markets, Long Term & Short Term Prospects
So if you are willing to invest for the long run, yes on emerging markets. But if you're thinking about what's going to happen in the next few months, no country is an island.
Related ETFs: iShares MSCI Emerging Markets (ETF) (EEM)
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 ETFs: iShares MSCI Emerging Markets (ETF) (EEM)
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 European Recession Is Getting Worse
The European recession is getting worse. There's fiscal austerity that, in the short run, makes the recession worse. Second, the value of the euro is too strong for the countries on the periphery that have lost competitiveness. Third, you have a credit crunch because the periphery banks don't have enough capital, and they will be forced to cut credit. Fourth, you have the effects of high oil prices, and Europe depends 100 percent on oil imports. - in USA Today
Related: Ishares Germany ETF (EWG), iShares MSCI Spain Index (ETF),
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 Germany ETF (EWG), iShares MSCI Spain Index (ETF),
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.
Global Growth Is Slowing
There is an overall slowdown of global growth. Europe is in a recession in the periphery countries, and it's getting worse. There is a double-dip recession in the United Kingdom, sluggish growth in Japan, and the data from many emerging markets are also suggesting a slowdown in China, Russia, Brazil, India and places like Turkey, Mexico and South Africa. - in USA Today
Related ETFs: Market Vector Russia ETF Trust(RSX), iShares MSCI Spain Index ETF (EWP), iShares MSCI Brazil Index ETF (EWZ), iShares MSCI South Africa Index ETF (EZA), iShares MSCI Turkey Index Fund (TUR)
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 ETFs: Market Vector Russia ETF Trust(RSX), iShares MSCI Spain Index ETF (EWP), iShares MSCI Brazil Index ETF (EWZ), iShares MSCI South Africa Index ETF (EZA), iShares MSCI Turkey Index Fund (TUR)
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.
May 17, 2012
Gold Isn`t Rallying Despite The Risk Off Sentiment
Gold bugs are hiding deep in their gold caves pondering why gold isn’t rallying in spite of the sharp spike in risk-off sentiment. - in Coin Week
Related: SPDR Gold Trut ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)
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 Trut ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)
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.
May 15, 2012
Global Economy Outlook
You put it together — the euro zone troubles with the US slowdown, China...you could have a train wreck next year. - in the opening day of the Skybridge Alternative Conference
Related: iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares Russell 2000 Index ETF (IWM), 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.
Related: iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares Russell 2000 Index ETF (IWM), 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.
If Contagion Reaches Spain And Italy, The Eurozone Will Breakup
If a small group of countries, Greece, Cyprus, Portugal, restructure and exit, the Eurozone survives. But if down the line the problems of debt, growth and sustainability spread to Spain and Italy, they lose market access, the bailout doesn’t work, they have to restructure the debt and eventually they might have to exit, that would be a breakup of the Eurozone. - in Forbes
Related: IShares Italy (EWI), Ishares Spain (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.
Related: IShares Italy (EWI), Ishares Spain (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.
May 8, 2012
The Only Option To Restore Growth In Greece
Only option to restore growth in Greece: a negotiated exit from the Euro with Troika support to avoid overshooting and collateral damage. - in 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.
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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