Roubini : The Markets are overestimating what Trump can do

Economist Nouriel Roubini explains to CNNMoney's Cristina Alesci why the market is overestimating what President Trump can do for the economy.









 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: Trump tax plan is 'a joke'

Economist Nouriel Roubini explains to CNNMoney's Cristina Alesci why the market is overestimating what President Trump can do for the economy.









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

Why the markets are ignoring the global turmoil by Nouriel Roubini

With Emmanuel Macron’s defeat of the rightwing populist Marine Le Pen in the French presidential election, the EU and the euro have dodged a bullet.

But geopolitical risks are continuing to proliferate. The populist backlash against globalisation in the west will not be stilled by Macron’s victory, and could still lead to protectionism, trade wars, and sharp restrictions to migration. If the forces of disintegration take hold, the UK’s withdrawal from the EU could eventually lead to a breakup of the trade bloc – Macron or no Macron.

At the same time, Russia has maintained its aggressive behaviour in the Baltics, the Balkans, Ukraine, and Syria. The Middle East still contains multiple near-failed states such as Iraq, Yemen, Libya, and Lebanon. And the Sunni-Shia proxy wars between Saudi Arabia and Iran show no sign of ending.

In Asia, US or North Korean brinkmanship could precipitate a military conflict on the Korean peninsula. And China is continuing to engage in – and in some cases escalate – its territorial disputes with regional neighbours.

read more : https://www.theguardian.com/business/2017/may/08/why-the-global-markets-are-ignoring-the-global-turmoil












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: Whistling Past the Geopolitical Graveyard

NEW YORK – With Emmanuel Macron’s defeat of the right-wing populist Marine Le Pen in the French presidential election, the European Union and the euro have dodged a bullet. But geopolitical risks are continuing to proliferate. The populist backlash against globalization in the West will not be stilled by Macron’s victory, and could still lead to protectionism, trade wars, and sharp restrictions to migration. If the forces of disintegration take hold, the United Kingdom’s withdrawal from the EU could eventually lead to a breakup of the EU – Macron or no Macron.

At the same time, Russia has maintained its aggressive behavior in the Baltics, the Balkans, Ukraine, and Syria. The Middle East still contains multiple near-failed states, such as Iraq, Yemen, Libya, and Lebanon. And the Sunni-Shia proxy wars between Saudi Arabia and Iran show no sign of ending.

In Asia, US or North Korean brinkmanship could precipitate a military conflict on the Korean Peninsula. And China is continuing to engage in – and in some cases escalating – its territorial disputes with regional neighbors.

 https://www.project-syndicate.org/commentary/financial-markets-geopolitical-risks-north-korea-by-nouriel-roubini-2017-05












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 : Why the Markets are ignoring The Global Turmoil

by Nouriel Roubini

With Emmanuel Macron’s defeat of the rightwing populist Marine Le Pen in the French presidential election, the EU and the euro have dodged a bullet.
But geopolitical risks are continuing to proliferate. The populist backlash against globalisation in the west will not be stilled by Macron’s victory, and could still lead to protectionism, trade wars, and sharp restrictions to migration. If the forces of disintegration take hold, the UK’s withdrawal from the EU could eventually lead to a breakup of the trade bloc – Macron or no Macron.
At the same time, Russia has maintained its aggressive behaviour in the Baltics, the Balkans, Ukraine, and Syria. The Middle East still contains multiple near-failed states such as Iraq, Yemen, Libya, and Lebanon. And the Sunni-Shia proxy wars between Saudi Arabia and Iran show no sign of ending.
In Asia, US or North Korean brinkmanship could precipitate a military conflict on the Korean peninsula. And China is continuing to engage in – and in some cases escalate – its territorial disputes with regional neighbours.
read more :>>

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 on Equities, Treasuries and Market Risks $SPX $TNX

Nouriel Roubini on Equities, Treasuries and Market Risks $SPX $TNX









 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 : We don't need more tax cuts for the rich

"We don't need more tax cuts for the rich and the corporate. That's actually going to make the economy worse," Roubini said.


 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 : #Trump is The Biggest Risk in The World

"Markets are overestimating the positives and underestimating the negatives" from Trump's policies, Roubini told CNNMoney.

"We don't need more tax cuts for the rich and the corporate. That's actually going to make the economy worse," Roubini said.





 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 on The EU Break Up and Rise of Populism

Nouriel Roubini, economist and founder of Roubini Macro Associates, in the debate on Britain, Europe, American protectionism. Questions are asked by Philippe Legrain of LSE, Melanie Loos of Bilanz and Mathias Ohanian of Handelszeitung.




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 on how India is a bright spot in the Global Economy

Nouriel Roubini on how India is a bright spot in the global economy












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

There is no Global Recession in sight, "says Professor Nouriel Roubini

What would be the effects of Trump's protectionist policy for Colombia?

The effects will be seen mainly in the markets of Tlcan (with Mexico and Canada) and with China, which is the monster of exports, and with Europe, but I do not think there are any direct implications on trade blocks against Colombia. However, the risk for Colombia is that, precisely, the level of global growth will be lower because trade is going to be reduced on the global scale.

If this happens, there may also be 'wars' in international trade where tariff barriers can be imposed, and that is going to hit global trade, which in turn affects the growth of all and, therefore, could hit the country In their economic performance.

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 - Asia Takes The Lead

Nouriel Roubini - Asia Takes The Lead

















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

Crisis Economics: A Crash Course in the Future of Finance Audiobook | Nouriel Roubini

Narrated by L.J. Ganser
Duration 13 hours 38 minutes

This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future.

Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse.

Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of 'irrational exuberance,' pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants-explain how the world's economy can get out of the mess we're in, and stay out.

In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.













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

India Today Conclave: Q&A With Nouriel Roubini

 India Today Conclave is India's biggest platform where business leaders, politicians, thinkers and icons from every field comes together to explore and exchange ideas in its 15th edition at New Delhi, with an eclectic line up of world celebrities.











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 : The Risk of an EU split should not be underestimated

The star economist Nouriel Roubini talks about Brexit and the economic consequences, the future of the European Union as well as trump and protectionism.



https://www.welt.de/wirtschaft/bilanz/article163796383/Das-Risiko-einer-Spaltung-der-EU-sollte-nicht-unterschaetzt-werden.html



Star economist Nouriel Roubini warns against the slow-down of the EU in the face of growing populism in Europe. Only a greater Europe - supported by strong economic growth - can stop this process.



Since the Brexit vote last June, the British economy has got off quite lightly. However, there are initial signs that the economy is growing at a slower pace. To what extent the growth is going back, Roubini is concerned with the course of the negotiations on exit.

Brexit has also not had any negative impact on the European economy, as the reforms, less austerity and the unconventional monetary policy of the ECB are driving the Eurozone economy well.

However, the US economist, who was the only one to predict the financial crisis of 2008, warns that the Brexit could lead to a breakup of the EU, for example by the independence of Scotland, which could also push forward independence in Catalonia. The consequence would be a further split of the EU.

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

Panel Discussion Calenda, Roubini, Rosa, Caracciolo on Brexit and Trump

Panel Discussion Calenda, Roubini, Rosa, Caracciolo on Brexit and Trump













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

TECHNOLOGY WILL DISRUPT JOBS MORE THAN IMMIGRATION AND GLOBALIZATION IN THE NEXT DECADE

London Panel Discussion Monti, Rosa, Roubini, Terracciano, Caracciolo, Boleat






















 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 on the progress India has made

A disastrous tsunami is right in the face of Indians. From now on, for the next 20 years, every month 1 million additional youths reach working age. Right now only 9% are absorbed by the formal sector, 59 % stay in the rural villages. As these youths are not gainfully employed, in 20 years, it is the whole lost generation. The brutal reality for Indian rising.










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

Evidence of a New Economic Revolution - Nouriel Roubini

 Nouriel Roubini is the Chairman and CEO of Roubini Macro Associates, LLC, his own global macroeconomic consultancy firm. He is also a professor of economics at New York University’s Stern School of Business. Dr. Roubini has extensive policy experience as well as broad academic credentials. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.






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 on How bad things are in the Global Financial System

India Today Conclave: Session With Nouriel Roubini
India Today Conclave is India's biggest platform where business leaders, politicians, thinkers and icons from every field comes together to explore and exchange ideas in its 15th edition at New Delhi, with an eclectic line up of world celebrities.









Nouriel Roubini on How bad things are in the Global Financial System









 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 QE not enough for Eurozone

 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 - The Economic Challenges created by Globalization

Nouriel Roubini is one of the most controversial and incisive American economists with the current economic situation and whose declarations get more impact in the media. He was financial adviser to former US President Bill Clinton and is currently a professor of economics at the Stern School of Business at New York University; As well as president of RGE Monitor, a center for economic studies that reports on current economic developments around the world.



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

Protectionism, Trump and the Future of Europe, with Nouriel Roubini

 Professor at NYU and founder of Roubini Macro Associates Nouriel Roubini sits down with PS to discuss Trump and his protectionist policies, Brexit, and further trouble in the EU.










 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 on Germany and Switzerland

 In this second installment of PS On Air with Nouriel Roubini, the renowned economist discusses Germany's role in the EU, and pressures on the Swiss franc with journalists Melanie Loos of BILANZ and Mathias Ohanian of Handelszeitung.









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 : Trump tax cut plan will be as big a flop as failed healthcare reforms

President Donald Trump’s first major legislative goal – to “repeal and replace” the 2010 Affordable Care Act (“Obamacare”) – has already imploded, owing to Trump and congressional Republicans’ naivety about the complexities of healthcare reform. Their attempt to replace an imperfect but popular law with a pseudo-reform that would deprive more than 24 million Americans of basic healthcare was bound to fail – or sink Republican members of Congress in the 2018 midterm elections if it had passed.
Now Trump and congressional Republicans are pursuing tax reform, starting with corporate taxes and then moving on to personal income taxes, as if this will be any easier. It won’t be, not least because the Republicans’ initial proposals would add trillions of dollars to budget deficits, and funnel more than 99% of the benefits to the top 1% of the income distribution.
A plan offered by Republicans in the House of Representatives to reduce the corporate tax rate from 35% to 15%, and to make up for the lost revenues with a border adjustment tax (BAT), is dead on arrival. The BAT does not have enough support even among Republicans, and it would violate World Trade Organisation rules. The Republicans’ proposed tax cuts would create a $2tn revenue shortfall over the next decade, and they cannot plug that hole with revenue savings from their healthcare reform plan or with the $1.2tn that could have been expected from a BAT.

© 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

Roubini : Syria Strike Has ‘Wag the Dog’ Element

Nouriel Roubini, chief economist at Roubini Global Economics, comes to us from the Ambrosetti Workshop in Cernobbio, Italy and discusses geopolitical ramifications of U.S. military strikes on Syria. He speaks with Tom Keene and Guy Johnson on “Bloomberg Surveillance.”





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

Project Syndicate Riding in Cabs with Nouriel Roubini

 What does Nouriel Roubini think about Trump, markets, and these exceptionally uncertain times? LSE Visiting Senior Fellow Philippe Legrain takes a cab ride with the world-renowned economist to find out.









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 -- The Economic Challenges created by Globalization

Nouriel Roubini is one of the most controversial and incisive American economists with the current economic situation and whose declarations get more impact in the media. He was financial adviser to former US President Bill Clinton and is currently a professor of economics at the Stern School of Business at New York University; As well as president of RGE Monitor, a center for economic studies that reports on current economic developments around the world.






 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 : #Trump going to weaken The Economy over Time

 






"Over the next six to 12 months, maybe the positives are going to dominate because you have animal spirits, a build-up in consumer and business confidence, you'll have some policy action. The economy is growing and hopefully those positives are going to stay for a while," Roubini told CNBC recently

"But the more there's going to be trade friction, the more there will be restriction of migration, the more this stimulus is going to be excessive, forcing the Fed in a full-employment economy to tighten more and faster, the more some of these negatives start to effect markets and economic growth over time."he added

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 : FED May hike Rates Faster than Expected

When you are among the few that famously predicted the 2008 financial crisis, like Nouriel Roubini did, people value your opinion, especially when it comes to financial markets and central banks. As the Federal Reserve begins a two-day meeting Tuesday, with a decision on rates expected on Wednesday, Roubini’s take on rates is less about when and more about the pace.


“Markets are underpricing the probability that the Fed may hike faster than expected,” he said during a speech at the CME’s Precious Metals Dinner in New York last week. As Chairman and CEO of Roubini Macro Associates, and Professor of Economics at New York University, he predicts the Fed will forgo a September hike in favor of December.

 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 : America’s Bad Border Tax

NEW YORK – The United States may be about to implement a border adjustment tax. The Republican Party, now in control of the legislative and executive branches, views a BAT – which would effectively subsidize US exporters, by giving them tax breaks, while penalizing US companies that import goods – as an important element of corporate-tax reform. They claim that it would improve the US trade balance, while boosting domestic production, investment, and employment. They are wrong.

The truth is that the Republicans’ plan is highly problematic. Along with other proposed reforms, the BAT would turn the US corporate income tax into a tax on corporate cash flow (with border adjustment), implying far-reaching consequences for US companies’ competitiveness and profitability.
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Some sectors or firms – especially those that rely heavily on imports, such as US retailers – would face sharp increases in their tax liabilities; in some cases, these increases would be even greater than their pre-tax profits. Meanwhile, sectors or firms that export, like those in manufacturing, would enjoy significant reductions in their tax burden. This divergence seems both unwarranted and unfair.

The BAT would have other distributional implications, too. Studies indicate that it may hit consumers among the bottom 10% of income earners hardest. Yet it has been promoted as a way to offset the corporate-tax cuts that Republicans are also pushing – cuts that would ultimately benefit those at the top of the income distribution.
more >>

 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 Bullish Call on India

Nouriel Roubini on how India is a bright spot in the global economy





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 : When to Expect the Next US Economic Crash

 Nouriel Roubini is the Chairman and CEO of Roubini Macro Associates, LLC, his own global macroeconomic consultancy firm. He is also a professor of economics at New York University’s Stern School of Business. Dr. Roubini has extensive policy experience as well as broad academic credentials. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.

To book now: http://www.apbspeakers.com/speaker/no...





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 Warns : #Trump Stimulus to Wear Off Over the next 6 to 12 Months

"Over the next six to 12 months, maybe the positives are going to dominate because you have animal spirits, a build-up in consumer and business confidence, you'll have some policy action. The economy is growing, and hopefully, those positives are going to stay for a while," Dr. Roubini told CNBC.

"But the more there's going to trade friction, the more there will be restriction of migration, the more this stimulus is going to be excessive, forcing the Fed in a full-employment economy to tighten more and faster, the more some of these negatives start to affect markets and economic growth over time," Roubini added.

 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 : The Markets are Underestimating The Risk of Trump's Protectionist Policies

"[Markets] are overestimating the positives of the US-Trump policies. Infrastructure, stimulus, deregulation, tax cuts: I think Trump will achieve much less on those dimensions," he told CNBC.

"And they're underestimating the risk US protectionist policies are going to lead to trade wars, that the restrictions on immigration are going to slow down labor supply, and that micromanaging the corporate sector is going to be negative," added the economist.

Roubini agreed that market confidence is rising, but warned of Trump stimulus wearing off in the long-term.

"Over the next six to 12 months, maybe the positives are going to dominate because you have animal spirits, a build-up in consumer and business confidence, you'll have some policy action. The economy is growing, and hopefully, those positives are going to stay for a while," he told CNBC.

"But the more there's going to trade friction, the more there will be restriction of migration, the more this stimulus is going to be excessive, forcing the Fed in a full-employment economy to tighten more and faster, the more some of these negatives start to affect markets and economic growth over time," Roubini added.

 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 on FED's Rising Rates

"The market is going higher but think about his (Trump's) economic policies ... His sense of policy doesn't make sense," Roubini told CNBC






"The supply-side trickle-down economic policies, they are not going to help the white working class," he added. "A strong dollar is going to force him to become even more protectionist and bash globalization, trade and migration."



The rise of the dollar based on the Federal Reserve model is going to lead, over the next year and a half, to 400,000 jobs lost being lost in manufacturing, Roubini claimed. He added that any attempts by Trump to talk down the currency would ultimately fail due to the fundamentals driving the dollar.






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 Warning : Markets Overestimating #Trump Rally

"[Markets] are overestimating the positives of the US-Trump policies. Infrastructure, stimulus, deregulation, tax cuts: I think Trump will achieve much less on those dimensions," he told CNBC.
"And they're underestimating the risk US protectionist policies are going to lead to trade wars, that the restrictions on immigration are going to slow down labor supply, and that micromanaging the corporate sector is going to be negative," added the economist.
Roubini agreed that market confidence is rising, but warned of Trump stimulus wearing off in the long-term.
"Over the next six to 12 months, maybe the positives are going to dominate because you have animal spirits, a build-up in consumer and business confidence, you'll have some policy action. The economy is growing, and hopefully, those positives are going to stay for a while,"













 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 : #Trump had a very confusing start

Don't underestimate downside risk: Nouriel Roubini
Nouriel Roubini of Roubini Macro Associates weighs in on the Trump administration's economic policy, growth in China and optimism in the global economy.














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 on #Trump Protectionist Policy and The Strong Dollar

"The supply-side trickle-down economic policies, they are not going to help the white working class," he added. "A strong dollar is going to force him to become even more protectionist and bash globalization, trade and migration."











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 Warns : #Trump Fiscal Policies will disapoint

"[Markets] are overestimating the positives of the US-Trump policies. Infrastructure, stimulus, deregulation, tax cuts: I think Trump will achieve much less on those dimensions," he said. "And they're underestimating the risk that the U.S. protectionist policies are going to lead to trade wars, that the restrictions on immigration are going to slow down labor supply, and that micromanaging the corporate sector is going to be negative."

Roubini added that the policy mix for the U.S. also presents a challenge: Fiscal stimulus is going to force the Fed to tighten more, it's going to push up interest rates and the dollar, he said. "In a way it's going to weaken the economy over time."


Source

 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: The End of Trump's Honeymoon

SOURCE

"Dr. Doom" Now, Nouriel Roubini warns of America's newly elected President hefty broadside and  policies that threaten growth in the US and worldwide.

The market has received President Donald Trump promises of tax cuts, incentives and deregulation with open arms.

But now the reality catch up with the president and Nouriel Roubini, an American economist, flagging in a blog post for the honeymoon may be over. Nouriel Roubini is known for his pessimism and goes by the name "Dr. Doom" because he was already in 2006 warned of the housing bubble in the United States that triggered the financial crisis in 2008.

Now write the famous economist to expectations of fiscal stimulus has pushed up the stock price, but also long-term rates, which reduces investment desire and affects the interest rate sensitive sectors such as real estate. A stronger dollar also threatens to knock out hundreds of thousands of jobs in the US manufacturing industry.

But more is to be expected, says Dr. Doom. Previously, both Ronald Reagan and George W. Bush proved that Republican presidents can seldom resist the temptation to pour on the unfunded tax cuts. History repeats itself, the budget deficits drive up interest rates and the dollar in the long run will hurt the economy.

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 : #Trump is against Capitalism

"The market is going higher but think about his (Trump's) economic policies ... His sense of policy doesn't make sense,"


"The supply-side trickle-down economic policies, they are not going to help the white working class," he added. "A strong dollar is going to force him to become even more protectionist and bash globalization, trade and migration."

 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 : I see Frothiness Not a Bubble

"Across the board I don't see a bubble but I see certainly some frothiness that is not justified by the fundamentals because the economy is barely growing 2 percent, earnings growth is slowing down and PE ratios are now above historical average," the chair of Roubini Global Economics told CNBC's "Closing Bell" on Tuesday.

 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 : #Trump Fiscal Policies Don't Make Sense

"The market is going higher but think about his (Trump's) economic policies ... His sense of policy doesn't make sense," Roubini told CNBC at the World Economic Forum in Davos.

"The supply-side trickle-down economic policies, they are not going to help the white working class," he added. "A strong dollar is going to force him to become even more protectionist and bash globalization, trade and migration."











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