NOURIEL ROUBINI BLOG tracks the media appearances of Dr Nouriel Roubini his interviews articles debates books news speeches conferences blogs etc..Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monday, December 23, 2013
Tapering is already priced in to a large extent
If we consider Bernanke’s May Speech being the first – and
failed – attempt to prepare markets for an end of QE: What would be a
better way out?
Nouriel Roubini : At this time, the tapering is already priced in to a large extent,
yields might go up a little more when they actually do taper. But I
would not expect huge jumps. The tapering decision itself will be
sweetened by keeping the conditions data-dependent and state-contingent
rather than time-dependent. They won’t say, we start today and will be
done with all QE in a certain amount of months. - in www.fuw.ch
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics