Thursday, November 14, 2013

Roubini : The ECB will eventually move to a Negative Deposit Rate



Nouriel Roubini ‏: In October we at RGE also made an out of consensus call that the ECB will eventually move to a negative deposit rate and even to QE
And now senior ECB officials are openly talking about a negative deposit rate and about QE as options to fight low inflation/ strong euro - in Twitter
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Wednesday, November 13, 2013

Roubini Keynote speaker @ Mandiri Investment Forum in Indonesia


Dr. Nouriel Roubini was a keynote speaker at the Mandiri Investment Forum in Jakarta on the 10th November . Global economic outlook and Indonesia

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Tuesday, November 12, 2013

Roubini : Policymakers will Face an ugly trade-off


 Nouriel Roubini : “Policymakers will eventually face an ugly trade-off: kill the recovery to avoid risky bubbles, or go for growth at the risk of fueling the next financial crisis,”

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Rich Countries may be entering twilight zone of Ultralow Inflation


Nouriel Roubini : Or deflation @EconBizFin: The growing fear is that rich countries may be entering twilight zone of ultralow inflation - in twitter

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Roubini ‏: how much stronger could the pound sterling become?


Nouriel Roubini ‏: I am in London. With Fed, BoJ, SNB and now ECB in easing mode while the BoE is on hold how much stronger could the pound sterling become?- in twitter

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, November 11, 2013

Roubini: These are the Bubbles to watch

 Nov. 7 (Bloomberg) -- NYU Stern Business School Professor Nouriel Roubini discusses he risk of asset bubbles on Bloomberg Television's "Money Moves." (Source: Bloomberg)




Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Sunday, November 10, 2013

Roubini was Right again !!


Nouriel Roubini : At RGE we rightly predicted that the BOJ would surprise markets in April;that the Fed would not taper in Sept;that ECB would cut rates today- in twitter

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Friday, November 8, 2013

Roubini vs. El-Erian: How Bad Off Is the Economy?

Nov. 8 (Bloomberg) -- Bloomberg Television's "Lunch Money" Host Matt Miller reports on the global economy. (Source: Bloomberg)



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Roubini: Fiscal Drag Is Damaging U.S. Growth

Roubini: Fiscal Drag Is Damaging U.S. Growth

Nov. 7 (Bloomberg) -- On today's "Chart Attack," NYU Stern School of Business Professor Nouriel Roubini and Bloomberg's Matt Miller look at how the government is weighing on economic growth. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Thursday, November 7, 2013

Roubini: Watch These Bubbles About to Pop

Nov. 7 (Bloomberg) -- NYU Stern Business School Professor Nouriel Roubini discusses he risk of asset bubbles on Bloomberg Television's "Money Moves." (Source: Bloomberg)




 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Nouriel Roubini's Advice for Investing in China

Nov. 7 (Bloomberg) –- In today's "Global Outlook," NYU Stern School of Business Professor Nouriel Roubini takes a look at China's economy and fiscal reforms on Bloomberg Television's "Street Smart." (Source: Bloomberg)


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Roubini says central bankers have a tough choice: Kill recovery or risk bubbles

Regulations meant to curb risks in the global financial system –known to economists as “macroprudential regulations” — had better work, or central bankers will be between a rock and a hard place.

In the aftermath of the financial crisis six years ago, unconventional tools like quantitative easing and zero-interest rate policies may have sparked an economic recovery but not one of turbocharged growth or low unemployment. That puts policy makers in a difficult position, NYU economist Nouriel Roubini wrote in an opinion piece at Live Mint on Wednesday. He added:
“[P]olicymakers will eventually face an ugly trade-off: kill the recovery to avoid risky bubbles, or go for growth at the risk of fueling the next financial crisis.”

Wednesday, November 6, 2013

Roubini on The Financial Armageddon


Nouriel Roubini : If you worry about Financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.

Nouriel Roubini

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Tuesday, November 5, 2013

The QE Money Suplly did not help Finance private consumption or Investment


NEW YORK – As below-trend GDP growth and high unemployment continue to afflict most advanced economies, their central banks have resorted to increasingly unconventional monetary policy. An alphabet soup of measures has been served up: ZIRP (zero-interest-rate policy); QE (quantitative easing, or purchases of government bonds to reduce long-term rates when short-term policy rates are zero); CE (credit easing, or purchases of private assets aimed at lowering the private sector’s cost of capital); and FG (forward guidance, or the commitment to maintain QE or ZIRP until, say, the unemployment rate reaches a certain target). Some have gone as far as proposing NIPR (negative-interest-rate policy).

And yet, through it all, growth rates have remained stubbornly low and unemployment rates unacceptably high, partly because the increase in money supply following QE has not led to credit creation to finance private consumption or investment. Instead, banks have hoarded the increase in the monetary base in the form of idle excess reserves. There is a credit crunch, as banks with insufficient capital do not want to lend to risky borrowers, while slow growth and high levels of household debt have also depressed credit demand.
 Read more at http://www.project-syndicate.org/commentary/on-the-ugly-policy-tradeoff-facing-advanced-country-central-bankers-by-nouriel-roubini#tQlVKVMYyF66b1uP.99
Nouriel Roubini


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, November 4, 2013

Roubini : Brazil Was Too Hyped


2 years ago at the Milken Conference, Eike Batista criticized me in our panel for saying that Brazil was too hyped. Today he is nearly bankrupt. - in a recent tweet

Related trading instruments: iShares MSCI Emerging Markets (ETF) (EEM), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), SPDR Gold Trust (ETF) (GLD)
Nouriel Roubini


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Workers’ Rights needed to be protected , To Avoid Revolution


Even before the Great Depression, Europe’s enlightened “bourgeois” classes recognized that, to avoid revolution, workers’ rights needed to be protected, wage and labor conditions improved, and a welfare state created to redistribute wealth and finance public goods – education, health care, and a social safety net. The push towards a modern welfare state accelerated after the Great Depression, when the state took on the responsibility for macroeconomic stabilization – a role that required the maintenance of a large middle class by widening the provision of public goods through progressive taxation of incomes and wealth and fostering economic opportunity for all. - in project-syndicate

Nouriel Roubini

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Sunday, November 3, 2013

Economic Reforms in China



Nouriel Roubini ‏: Chinese senior officials will present their plans for economic reforms next week at the Third Plenum of the CC of the CCP- in Twitter

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
roubini

Roubini ‏: China has a plan for Comprehensive Reforms


Nouriel Roubini ‏: Both President Xi & Premier Li confirmed to us that China has a plan for "comprehensive reforms". Details to be unveiled at the Third Plenum - in twitter


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini

Saturday, November 2, 2013

Central Bank Policymakers Are Damned if They Do, Damned if They Don't


"If policymakers go slow on raising rates to encourage faster economic recovery, they risk causing the mother of all asset bubbles, eventually leading to a bust, another massive financial crisis and a rapid slide into recession,"

"But if they try to prick bubbles early on with higher interest rates, they will crash bond markets and kill the recovery, causing much economic and financial damage." - in Project Syndicate.




 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Friday, November 1, 2013

Near-Zero Policy Rates Encourage “Carry Trades”


As a result, all of this excess liquidity is flowing to the financial sector rather than the real economy. Near-zero policy rates encourage “carry trades” – debt-financed investment in higher-yielding risky assets such as longer-term government and private bonds, equities, commodities and currencies of countries with high interest rates. The result has been frothy financial markets that could eventually turn bubbly.

Indeed, the US stock market and many others have rebounded more than 100% since the lows of 2009; issuance of high-yield “junk bonds” is back to its 2007 level; and interest rates on such bonds are falling. Moreover, low interest rates are leading to high and rising home prices – possibly real-estate bubbles – in advanced economies and emerging markets alike, including Switzerland, Sweden, Norway, Germany, France, Hong Kong, Singapore, Brazil, China, Australia, New Zealand, and Canada. - in Project Syndicate



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Thursday, October 31, 2013

Bubbles in the Broth By Nouriel Roubini


NEW YORK – As below-trend GDP growth and high unemployment continue to afflict most advanced economies, their central banks have resorted to increasingly unconventional monetary policy. An alphabet soup of measures has been served up: ZIRP (zero-interest-rate policy); QE (quantitative easing, or purchases of government bonds to reduce long-term rates when short-term policy rates are zero); CE (credit easing, or purchases of private assets aimed at lowering the private sector’s cost of capital); and FG (forward guidance, or the commitment to maintain QE or ZIRP until, say, the unemployment rate reaches a certain target). Some have gone as far as proposing NIPR (negative-interest-rate policy).

And yet, through it all, growth rates have remained stubbornly low and unemployment rates unacceptably high, partly because the increase in money supply following QE has not led to credit creation to finance private consumption or investment. Instead, banks have hoarded the increase in the monetary base in the form of idle excess reserves. There is a credit crunch, as banks with insufficient capital do not want to lend to risky borrowers, while slow growth and high levels of household debt have also depressed credit demand.

As a result, all of this excess liquidity is flowing to the financial sector rather than the real economy. Near-zero policy rates encourage “carry trades” – debt-financed investment in higher-yielding risky assets such as longer-term government and private bonds, equities, commodities and currencies of countries with high interest rates. The result has been frothy financial markets that could eventually turn bubbly.
 Read more at http://www.project-syndicate.org/commentary/on-the-ugly-policy-tradeoff-facing-advanced-country-central-bankers-by-nouriel-roubini#QiTrPvc4Dfoj477s.99



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Wednesday, October 30, 2013

To Avoid Revolution, Workers’ Rights needed to be protected



Even before the Great Depression, Europe’s enlightened “bourgeois” classes recognized that, to avoid revolution, workers’ rights needed to be protected, wage and labor conditions improved, and a welfare state created to redistribute wealth and finance public goods – education, health care, and a social safety net. The push towards a modern welfare state accelerated after the Great Depression, when the state took on the responsibility for macroeconomic stabilization – a role that required the maintenance of a large middle class by widening the provision of public goods through progressive taxation of incomes and wealth and fostering economic opportunity for all.
- in project-syndicate


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Tuesday, October 29, 2013

The laissez-faire Anglo-Saxon Model has also now failed miserably


Some of the lessons about the need for prudential regulation of the financial system were lost in the Reagan-Thatcher era, when the appetite for massive deregulation was created in part by the flaws in Europe’s social-welfare model. Those flaws were reflected in yawning fiscal deficits, regulatory overkill, and a lack of economic dynamism that led to sclerotic growth then and the eurozone’s sovereign-debt crisis now.

But the laissez-faire Anglo-Saxon model has also now failed miserably. To stabilize market-oriented economies requires a return to the right balance between markets and provision of public goods. That means moving away from both the Anglo-Saxon model of unregulated markets and the continental European model of deficit-driven welfare states. Even an alternative “Asian” growth model – if there really is one – has not prevented a rise in inequality in China, India, and elsewhere.

Read more at http://www.project-syndicate.org/commentary/the-instability-of-inequality#juCFBDsebYgHlIi6.99



 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, October 28, 2013

Free Markets don’t generate enough final demand

The result is that free markets don’t generate enough final demand. In the US, for example, slashing labor costs has sharply reduced the share of labor income in GDP. With credit exhausted, the effects on aggregate demand of decades of redistribution of income and wealth – from labor to capital, from wages to profits, from poor to rich, and from households to corporate firms – have become severe, owing to the lower marginal propensity of firms/capital owners/rich households to spend.
 Read more at http://www.project-syndicate.org/commentary/the-instability-of-inequality#EMpWF46kppBF3r67.99


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Sunday, October 27, 2013

Karl Marx oversold socialism, but he was right


The problem is not new. Karl Marx oversold socialism, but he was right in claiming that globalization, unfettered financial capitalism, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct. As he argued, unregulated capitalism can lead to regular bouts of over-capacity, under-consumption, and the recurrence of destructive financial crises, fueled by credit bubbles and asset-price booms and busts.
 Read more at http://www.project-syndicate.org/commentary/the-instability-of-inequality#Xf1IbaBe0EHb7Vdj.99


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Saturday, October 26, 2013

The Instability of Inequality by Nouriel Roubini - Project Syndicate





 The Instability of Inequality by Nouriel Roubini - Project Syndicate

    Any economic model that doesn’t properly address inequality will eventually face a crisis of legitimacy, as today's global protests are now demonstrating. Unless the relative economic roles of the market and the state are rebalanced, the protests of 2011 will become more severe, eventually harming long-term economic growth and welfare.

Read more at www.project-syndicate.org
 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Nouriel Roubini: Forget the G20, We Live in a G Zero World

There is no New World Order Human race understands only one order, order of master and slave order of those who give orders and those who obey.
Globalization is dictatorship of MIGHTY too of their control is Financial Capital



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

EXCLUSIVE Video: Nouriel Roubini: How Sequestration will impact US Growth

 Nouriel Roubini discusses how the latest round of sequestration will impact US growth over the next year and beyond.

Innovation and strategy for funds and investors- presentations and video content from our events.

Middle East Investment Summit: the Middle East's ultimate investor and fund event.




Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Friday, October 25, 2013

Roubini : Call me Dr. Realist



“I prefer to be called Dr. Realist. I’m not either a pessimist or an optimist. It’s not as if I’m a perma-bear. Right now there is a global economic recovery, so I think you have to be a realist about what can go right, and what can go wrong.”


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Thursday, October 24, 2013

Nouriel Roubini: Chile will become the first developed country in South America

Nouriel Roubini The University of New York economist visits South America and Chile and gives his analyzes and projections on the global economy and Economic Agenda.(The Interview is unfortunately in Spanish )

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Wednesday, October 23, 2013

Brazilian Economy is in a Growth funk as policy uncertainty wide

Nouriel Roubini ‏: Leaving now Brazilia for Rio de Janeiro. Useful policy & business meetings in Brazil. Economy is in a growth funk as policy uncertainty wide- in Twitter




Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Tuesday, October 22, 2013

Brazil was too hyped 2 years ago . Today it is nearly Bankrupt


Nouriel Roubini ‏: Riots in Rio: I arrived to Rio where the city was under siege as demonstrators protested the auction of the offshore pre-salt oil fields
2 yrs ago at the Milken Conference Eike Batista criticized me in our panel for saying that Brazil was too hyped. Today he is nearly bankrupt  - in Twitter


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, October 21, 2013

Investing Tips from Nouriel Roubini

Oct. 21 (Bloomberg) -- Tom Keene looks at what's behind the increasing optimism from NYU Stern School of Business Professor Nouriel Roubini. Keene speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)





 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

This is How Roubini Would Invest $1,000 Right Now

 Oct. 21 (Bloomberg) --- Economist Nouriel Roubini, cofounder of Roubini Global Ecomonics, explains how he would invest $1,000 in the current climate, what he thinks of his "Dr. Doom" nickname, and what he saw before he forecast the 2008 economic downturn. (Source: Bloomberg)







Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Roubini would Invest in UK and Japanese Equities


Roubini would invest in UK and Japanese equities , The co-founder of Roubini Global Ecomonics explains how he would invest $1,000 in the current climate, what he thinks of his ‘Dr. Doom’ nickname, and what he saw before he forecast the 2008 economic downturn.




 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Related Posts Plugin for WordPress, Blogger...