Roubini : Time to Buy Stocks

”You probably want to be underweight in bonds, and overweight in equities, mainly in the US,” Professor Roubini told attendees at IndexUniverse’s Inside Commodities conference on September 23, 2013.
“Higher interest rates will be a negative for commodities prices.”“The fiscal problems in the US are severe, but on a relative basis, they’re not as severe as in Japan, the euro zone and the UK,” he addded.
“The Fed will exit the zero-interest-rate policy faster than the BOJ, BOE and ECB [Bank of Japan, Bank of England and European Central Bank], and the dollar will strengthen.”“The model of growth is unsustainable ... [but China will become] more consumption-oriented and less resource-oriented.”

Roubini : Stocks not yet pricing in economic reality

Roubini with Some Interesting Perspectives, 09/03/10

Roubini says the fiscal stimulus "becomes a drag" late this year and that monetary expansion won't be helpful given that there are already over $1 trillion in excess bank reserves, long term rates are low, and we're in a process of massive deleveraging. This is in sharp contrast to Bernanke's claims that the Fed still has some easing tools that can make a difference.

Nassim Taleb : The Government Bonds will Collapse, Avoid Stocks

Nassim Taleb Says The Financial System Is Now Riskier Than It Was Before The 2008 Crisis

“I’m very pessimistic,” he said at the . “By staying in cash or hedging against inflation, you won’t regret it in two years.”

Treasuries have rallied amid speculation the global economic recovery is faltering, driving yields on two-year notes to a record low of 0.4892 percent today. The Federal Reserve yesterday reversed plans to exit from monetary stimulus and decided to keep its bond holdings level to support an economic recovery it described as weaker than anticipated. The Standard & Poor’s 500 Index retreated 16 percent between April 23 and July 2, the biggest slump during the bull market.

The financial system is riskier that it was than before the 2008 crisis that led the U.S. economy to the worst contraction since the Great Depression, Nassim Taleb told Bloomberg on Aug 11 2010

via bloomberg.com