Emerging Market Rout: There`s More To Come

"I do not think we are finished with the rout in any of the emerging market asset classes, maybe we are more than midway but there is more to come. After all, what we know about the global environment is that the West is showing more signs of recovery. That points to tapering from the Fed.

We do not know exactly when that tapering is going to come. We do not know how much tapering is going to be. We do not know yet when the tapering will be followed by stop in the expansion of the Fed’s base money, more do we know when and by how much the Fed will tighten.

There are lots of stages in the shift in the US and therefore the global monetary and financial conditions environment that have yet to take place that would stretch out for a couple of years and it is that uncertainty and the threat of the coming reduction in the easing of monetary conditions that precipitated all this and on top of that now we have the Syrian situation becoming more escalated.

So, countries like India which are capital thirsty are still going to be in the forefront of this risk reduction episode across global markets." - in CNBC TV18 

Related ETFs: iShares MSCI Emerging Markets (ETF) (EEM), WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Brazil 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.

Italy`s Crisis

"if the situation worsens, which now seems hardly impossible, the consequences could be very damaging for Italy. "Our most probable scenario is elections in early 2014 but we do not exclude even sooner than that.

The markets are reasoning in a similar way. If there is no solution, the spread will rise to 300 (3.0 percentage points) in a few days and the calm period for the Italian stock market will come to an end. Bank stocks will be particularly hard hit and credit costs will continue rising. The sooner the elections, the worst the damage for bonds." - in brecorder 

Related ETFs: 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.

Wall Street Prefers Yellen By 3 To 1 Ratio

"Yellen more dovish on monetary policy; Summers more friendly 2 Wall Street. But Wall Street prefers her by 3 to 1 ratio." - in Twitter 

Related ETFs: SPDR Gold Trust (ETF) (GLD), SPDR SP 500 ETF (NYSE: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.

U.S. Economy: Potential Growth Falling Towards 2 Percent?

"Stagnation of US productivity over the last year. A sign that potential growth is falling towards 2%?" - in Roubini`s Official Twitter

Related ETFs: Financial Select Sector SPDR (ETF) (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR SP 500 ETF (NYSE: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.

Emerging Markets Decoupling Story Was Over-Hyped

"Emerging markets decoupling story was always over-hyped - Fed taper talk reaction shows EMs still linked to developed world." - in Roubini`s Official Twitter 

Related ETFs: iShares MSCI Emerging Markets (ETF) (EEM), iShares FTSE/Xinhua China 25 Index (ETF) (NYSE: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.