Silver Price 2015 Interview George Soros, Nouriel Roubini and Jeffrey Sachs СNN

Silver Price 2015 Interview George Soros, Nouriel Roubini and Jeffrey Sachs СNN



 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 in MONTEGO BAY, Jamaica

There are plenty of challenges in this part of the world and a lot needs to be done. A lot of the work will require co-ordination and co-operation [among] the countries in the region. At the end of the day, greater trade and economic integration have to be part of the solution,” said Professor Nouriel Roubini of the New York University (NYU).
Roubini was addressing the International Monetary Fund’s (IMF) High-Level Caribbean Forum at the Montego Bay Convention Centre, in Rose Hall on Friday. “Policies are not just [to be] national policies, but regional policies, with the support, of course, of the international community. That might be one way of dealing with the fundamental problems [such as] vulnerabilities to natural disasters… of being a small country and being subject to economic shocks of one sort or another,” he pointed out.
http://www.jamaicaobserver.com/latestnews/New-York-University-professor-makes-case-for-deepening-regional-integration


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

American madness: Sick Sick Country

"American madness: a teenager is allowed to receive a rifle as a birthday gift. Sick sick country."

"Media idiocy: kid went on a rampage coz he was depressed. In a civilized country no one would have access to guns & be able to kill if upset"

"Media psycho babble on why a kid goes shooting at school. No one ask why we live in a barbaric country where anyone can have access to guns " - Roubini wrote 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

The Fed to Raise Interest Rates Next Year

You mentioned the Fed raising interest rates. What is your prediction of when that will happen?

Nouriel Roubini : I think that the lifting of zero policies is going to be around June of next year. That would be my point estimate. It could occur slightly sooner if the economy really recovers strongly. It could be a little bit later if global factors justify waiting until July or so, but I would say sometime in the year. - in FINalternatives




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

Dr. Doom Roubini: How I'd 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

Nouriel Roubini and Jason Cummins: Keeping Up with Change

These celebrated economists are known for sensing crucial signals before the rest of us, including those who occupy the seats of corporate and political power. We'll hear their contrasting views of the paths the global economy and capital markets will take in the coming year. Where do the trends point? Healthy growth or renewed solvency risk, and will either scenario unfold incrementally or fast and furiously? Is there life after central bank heroics? Will Western economies catch up with the go-go markets of recent years, or will the markets fall back to meet so-so conditions? How do sovereigns manage their debt-to-GDP ratios, and can policymakers extend their fiscal and monetary inventiveness? EMs and QE, bubbles and bailouts, profit growth and balance sheet cash, Roubini and Cummins will discuss whether and how the ends will meet in the world 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

Forex Prediction 2015 Interview George Soros, Nouriel Roubini and Jeffrey Sachs СNN

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 Press Conference

 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: Fed May Tighten Early, Posing Risk of New Crisis

Economist Nouriel Roubini sees U.S. labor market improving faster than Fed expected but worries about untested macroprudential policies, and China slowdown.




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 ten Trends in Global Economy

The world-renowned expert in the field of Economics and Finance Nouriel Roubini told about ten trends in the global economy after the financial crisis and how they impact on Kazakhstan’s joining top 30 most developed countries of the world at the Transformation Forum of «Samruk-Kazyna» JSC in Astana on October 6, 2014.



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 Swiss Business TV

Swiss Business TV: Nouriel Roubini




Prof. Nouriel Roubini, der Starökonom aus New York, über die Finanzkrise, die globale Elite und Prognosen für die Wirtschaft. Nouriel Roubini (* 29. März 1958 in Istanbul, Türkei) ist ein US-amerikanischer Nationalökonom und Professor an der Stern School of Business in New York City und Gründer und Vorsitzender von Roubini Global Economics LLC, Anbieter für Kapitalmarkt und Wirtschaftsinformationen. Vor seiner Tätigkeit als Professor war er Berater des U.S. Treasury Departments. Nouriel Roubini wurde als Sohn iranischer Juden in Istanbul geboren. Seine Familie siedelte nach Teheran über als er zwei Jahre alt war und dann nach Tel Aviv, später nach Italien und endlich in die USA. In Italien wuchs er auf und ging zur Schule. Er spricht deshalb Persisch, Hebräisch, Italienisch und Englisch. Er war stets in der Rolle des Aussenseiters, war vielleicht dazu beigetragen hat, dass er sich bis heute nicht um Mehrheitsmeinungen kümmert. Roubini studierte von 1977 bis 1982 an der Wirtschaftsuniversität Luigi Bocconi, Wirtschaftswissenschaften, nachdem er zuvor ein Jahr an der Hebräischen Universität Jerusalem (Israel) gelernt hatte. Nach seinem Abschluss wechselte er 1983 an die Harvard University, wo er 1988 promoviert wurde. Seinen Doktorvater Jeffrey Sachs beeindruckte er mit seinem Doppeltalent: Nouriel Roubini fühlte sich ebenso in der Mathematik zu Hause wie in der Analyse von politischen und wirtschaftlichen Institutionen. An der Yale-Universität (New Haven, Connecticut, USA) lehrte Roubini von 1988 bis 1995. Hier traf er Robert Shiller, jenem Wirtschaftswissenschaftler, der sehr früh die Blase bei Internet- und Technologieaktien erkannte. Unter Bill Clinton war Roubini Ende der 1990er Jahre Mitglied der Wirtschaftsberater des Weißen Hauses. Trotz vieler Anfeindungen und Ver-spottungen aus der Fachwelt („Dr. Doom" = „Dr. Untergang") sagte Nouriel Roubini seit 2004 stets eine „harte Landung" der US-Wirtschaft voraus, sollte die Immobilienblase einmal platzen. 2006 warnte er vor einer Ölkrise, vor einer Konsumgüternachfrageschwäche sowie vor dem Absturz der Weltwirtschaft in eine tiefe Rezession.


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

Russia-Ukraine or Syria conflicts could spread

Markets “could be incorrect in their assessment that conflicts like that between Russia and Ukraine, or Syria’s civil war, will not escalate or spread,” Roubini wrote recently on Project Syndicate . “Russian President Vladimir Putin’s foreign policy may become more aggressive in response to challenges to his power at home, while Jordan, Lebanon, and Turkey are all being destabilized by Syria’s ongoing meltdown.”



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

Markets asleep to Global Risks

Markets have been surprisingly complacent about a rising number of geopolitical risks. But it wouldn't take much to trigger financial contagion, warns economist Noruiel Roubini.
An "increasingly obvious paradox" has emerged in today's global financial marketplace, says Dr Roubini,
Read more: http://www.smh.com.au/business/world-business/markets-asleep-to-global-risks-says-dr-doom-nouriel-roubini-20141002-10p9rn.html#ixzz3G7yaH5XA




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

Investors should have a modest share of Gold

Yes, all investors should have a very modest share of gold in their portfolios as a hedge against extreme tail risks.

But other real assets can provide a similar hedge, and those tail risks – while not eliminated – are certainly lower today than at the peak of the global 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

Roubini : I am in wonky DC for the IMF Annual Meetings

I am in wonky DC for the IMF Annual Meetings. Plenty of topics discussed: faltering global growth as world flies on a single engine (U.S.)? - 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

Fed Watch: Change in Communication Likely in October

Roubini's new RGE paper: Fed Watch: Change in Communication Likely in October
The main issue for the markets is when and how the Fed should make an explicit switch to a “state-contingent” policy without causing a “rate riot.” www.roubini.com/analysis/189121.php …

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 on Kazakhstan

 "Given the shift of economic gravity towards Asia, opportunities for Kazakhstan to be a regional and even global driver of economic growth are obviously expanding," international economist Mr. Nouriel Roubini said during his remarks at "Samruk Kazyna Transformation Forum" held in Astana Kazakhstanon October 6, 2014 .  "In this context, the efforts of the country's leadership to create a modern and attractive development model can only be welcome.  And in this model, a modernized and competitive sovereign wealth fund which effectively manages state assets is a key element", 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 sees lower Chinese Growth in 2015

David Nowakowski of RGE Roubini's analyst thinks Aussie Dollar has room for downside risks.

     "Although some easing of China's credit crunch will help Australian exports in the short run, we see lower Chinese growth in 2015 as a headwind that will weaken Australia's growth and inflation next year, and weigh on growth-orientated assets such as equities and the Australian dollar."


    "The Australian dollar is likely to weaken to below US75¢ - a fall of around 20 per cent - on a combination of the lower interest rate differential and slumping GDP growth, with commodity price effects outweighing volumes."

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

Markets Remain "Bubbly"

NEW YORK – An increasingly obvious paradox has emerged in global financial markets this year. Though geopolitical risks – the Russia-Ukraine conflict, the rise of the Islamic State and growing turmoil across the Middle East, China’s territorial disputes with its neighbors, and now mass protests in Hong Kong and the risk of a crackdown – have multiplied, markets have remained buoyant, if not downright bubbly.

Indeed, oil prices have been falling, not rising. Global stock markets have, overall, reached new highs. And credit markets show low spreads, while long-term bond yields have fallen in most advanced economies.

Yes, financial markets in troubled countries – for example, Russia’s currency, equity, and bond markets – have been negatively affected. But the more generalized contagion to global financial markets that geopolitical tensions typically engender has failed to materialize.

Why the indifference? Are investors too complacent, or is their apparent lack of concern rational, given that the actual economic and financial impact of current geopolitical risks – at least so far – has been modest?

Read more at http://www.project-syndicate.org/commentary/nouriel-roubini-asks-why-global-financial-markets-remain-buoyant-in-the-face-of-mounting-geopolitical-risks#RVr6ObMC3TzyAlJ0.99



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

Brazil Was Too Hyped

Two 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. - Via tweet



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




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

The positive effects of reforms will take two to five years to have an impact

 The positive effects of reforms will take two to five years to have an impact





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

The only Middle East conflict that could cause oil prices to spike – a war between Israel and Iran

Third, the turmoil in the Middle East has not triggered a massive shock to oil supplies and prices like those that occurred in 1973, 1979, or 1990. On the contrary, there is excess capacity in global oil markets. Iraq may be in trouble, but about 90% of its oil is produced in the south, near Basra, which is fully under Shia control, or in the north, under the control of the Kurds. Only about 10% is produced near Mosul, now under the control of the Islamic State.

Finally, the one Middle East conflict that could cause oil prices to spike – a war between Israel and Iran – is a risk that, for now, is contained by ongoing international negotiations with Iran to contain its nuclear program.

So there appear to be good reasons why global markets so far have reacted benignly to today’s geopolitical risks. What could change that?

Several scenarios come to mind. First, the Middle East turmoil could affect global markets if one or more terrorist attack were to occur in Europe or the US – a plausible development, given that several hundred Islamic State jihadists are reported to have European or US passports. Markets tend to disregard the risks of events whose probability is hard to assess but that have a major impact on confidence when they do occur. Thus, a surprise terrorist attack could unnerve global markets.

Read more at http://www.project-syndicate.org/commentary/nouriel-roubini-asks-why-global-financial-markets-remain-buoyant-in-the-face-of-mounting-geopolitical-risks#cGS9ow6GRvwQA0jd.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

Housing bubble 20 can only end badly Nouriel Roubini

Housing bubble 2.0 can only end badly The global economy's new housing bubbles may not be about to burst just yet, because the forces feeding them – especially easy money and the need to hedge against inflation – are still fully operative



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

Markets’ Rational Complacency By Nouriel Roubini

NEW YORK – An increasingly obvious paradox has emerged in global financial markets this year. Though geopolitical risks – the Russia-Ukraine conflict, the rise of the Islamic State and growing turmoil across the Middle East, China’s territorial disputes with its neighbors, and now mass protests in Hong Kong and the risk of a crackdown – have multiplied, markets have remained buoyant, if not downright bubbly.

Indeed, oil prices have been falling, not rising. Global stock markets have, overall, reached new highs. And credit markets show low spreads, while long-term bond yields have fallen in most advanced economies.

Yes, financial markets in troubled countries – for example, Russia’s currency, equity, and bond markets – have been negatively affected. But the more generalized contagion to global financial markets that geopolitical tensions typically engender has failed to materialize.

Why the indifference? Are investors too complacent, or is their apparent lack of concern rational, given that the actual economic and financial impact of current geopolitical risks – at least so far – has been modest?

Global markets have not reacted for several reasons. For starters, central banks in advanced economies (the United States, the eurozone, the United Kingdom, and Japan) are holding policy rates near zero, and long-term interest rates have been kept low. This is boosting the prices of other risky assets such as equities and credit.
Read more at http://www.project-syndicate.org/commentary/nouriel-roubini-asks-why-global-financial-markets-remain-buoyant-in-the-face-of-mounting-geopolitical-risks#tQiL1yPI3cZCSzfK.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

An Obvious Paradox Occurred with Oil Prices

"A century ago, financial markets priced in a very low probability that a major conflict would occur, blissfully ignoring the risks that led to the first world war until late in the summer of 1914," Roubini said.
"Back then, markets were poor at correctly pricing low-probability, high-impact tail risks. They still are."

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 stereotype about BRICS is false

Nouriel Roubini (Professor of ecnomics at New York University)
With the right monetary and credit easing, the fiscal adjustments and the structure reform the chances that Eurozone recovery is going to be stronger. The stereotype about Brics is false: three of them this year are going to grow less than United States. So the divide is going to be: which of the countries have the political institution to do economic adjustments and reforms . One of the reasons why italian economic growth has been stagnant is because there are plenty of rigidities. Renzi maybe is too ambitious but I think it is the right horizon.The positive effects of reforms will take two to five years to have an impact






 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 maps out the Kremlin's plan for a re-divided world. Putin's Eurasian Union Plan

NEW YORK – The escalating conflict in Ukraine between the Western-backed government and Russian-backed separatists has focused attention on a fundamental question: What are the Kremlin’s long-term objectives? Though Russian President Vladimir Putin’s immediate goal may have been limited to regaining control of Crimea and retaining some influence in Ukrainian affairs, his longer-term ambition is much bolder.

That ambition is not difficult to discern. Putin once famously observed that the Soviet Union’s collapse was the greatest catastrophe of the twentieth century. Thus, his long-term objective has been to rebuild it in some form, perhaps as a supra-national union of member states like the European Union.

This goal is not surprising: declining or not, Russia has always seen itself as a great power that should be surrounded by buffer states. Under the Czars, Imperial Russia extended its reach over time. Under the Bolsheviks, Russia built the Soviet Union and a sphere of influence that encompassed most of Central and Eastern Europe. And now, under Putin’s similarly autocratic regime, Russia plans to create, over time, a vast Eurasian Union.

Read more at http://www.project-syndicate.org/commentary/nouriel-roubini-maps-out-the-kremlin-s-plan-for-a-re-divided-world#rOHpDSKD5CgciiUt.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

Canada needs to weaken The Loonie

I would say if your currency was 10 percent weaker, that would help manufacturing. It might not be conventional wisdom, but at the margin, I would say, keeping your currency weaker right now, it's important.



 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's RGB Bearish on Australian Dollar

David Nowakowski of Roubini's analyst thinks Aussie Dollar has room for downside risks.

     "Although some easing of China's credit crunch will help Australian exports in the short run, we see lower Chinese growth in 2015 as a headwind that will weaken Australia's growth and inflation next year, and weigh on growth-orientated assets such as equities and the Australian dollar."


    "The Australian dollar is likely to weaken to below US75¢ - a fall of around 20 per cent - on a combination of the lower interest rate differential and slumping GDP growth, with commodity price effects outweighing volumes."


 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, ECB, BoJ and BoE on very different policy paths ahead

Nouriel Roubini : Fed, ECB, BoJ and BoE on very different policy paths ahead. Important implications for currency and bond yields - 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 : ECB balance sheet rise is demand based with TLTRO

Nouriel Roubini : ECB balance sheet rise is demand based with TLTRO; thus its flop. ABS & Cov Bond purchases instead will sharply increase its balance sheet - 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

FOMC: Dovish statement

Nouriel Roubini : FOMC: Dovish statement, hawkish dots. When move to from considerable period to patient?When move away from balanced risks in labor market? - 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

BoE highly unlikely to hike policy rates this year

BoE highly unlikely to hike policy rates this year even if the Scots vote NO to independence. Let alone if vote were to be YES. - 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’s firm warns of 20% Australian Dollar Slump

"Domestically, mining output is still strong, but investment in the sector is not, and iron ore prices are plummeting," wrote Roubini's local analyst David Nowakowski. "Although some easing of China's credit crunch will help Australian exports in the short run, we see lower Chinese growth in 2015 as a headwind that will weaken Australia's growth and inflation next year, and weigh on growth-orientated assets such as equities and the Australian dollar." Mr Nowakowski said flagging growth and low inflation would create room for the Reserve Bank of Australia to make a "cut or two in interest rates, to 2 per cent".
 Read more: http://www.smh.com.au/business/the-economy/dr-doom-nouriel-roubini8217s-firm-warns-of-20-australian-dollar-slump-20140922-10kc2e.html#ixzz3E3L5JJAG

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

ECB has effectively started QE

ECB has effectively started QE as QE is balance sheet increase & it doesn't matter whether you buy private or public assets. Blended QE/CE - via 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

Gold falls to 2014 lows , Where have the Gold bugs being hiding ?

Gold falls to 2014 lows. Where have the Gold bugs being hiding for the last 3 years since gold tumbled from it near 2k peak? In gold caves? - 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 : Best Ponzi scheme: Buy Bitcoin with Gold

Nouriel Roubini  : Best ponzi scheme: buy bitcoin with gold and gold with bitcoin...- via 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 explains Europe's Economic Troubles

Nouriel Roubini (Professor of economics at New York University)With the right monetary and credit easing, the fiscal adjustments and the structure reform the chances that Eurozone recovery is going to be stronger.




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

Investors should have a modest share of Gold

Yes, all investors should have a very modest share of gold in their portfolios as a hedge against extreme tail risks. But other real assets can provide a similar hedge, and those tail risks – while not eliminated – are certainly lower today than at the peak of the global 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

Low Growth: Brazil, Russia, China & South Africa

"Brazil's GDP grew by only 1% last year, and may not grow by more than 2% this year, with its potential growth barely above 3%. Russia's economy may grow by barely 2% this year, with potential growth also at around 3%, despite oil prices being around $100 a barrel. India had a couple of years of strong growth recently (11.2% in 2010 and 7.7% in 2011) but slowed to 4% in 2012. China's economy grew by 10% a year for the last three decades, but slowed to 7.8% last year and risks a hard landing. And South Africa grew by only 2.5% last year and may not grow faster than 2% this year." - an excerpt from the Is the emerging market boom over?




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

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.




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

US to continue benefit from Shale Energy

In the US, economic performance in 2014 will benefit from the shale-energy revolution, improvement in the labor and housing markets, and the "reshoring" of manufacturing.
The downside risks result from political gridlock in Congress (particularly given the upcoming midterm election in November), which will continue to limit progress on long-term fiscal consolidation; a lack of clarity about the Federal Reserve's planned exit from quantitative easing (QE) and zero policy rates; and regulatory uncertainties.



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

The Benefits Of The U.S. Oil Production Boom

"The domestic benefits of the U.S. oil production boom are well documented — everything from the creation of high-paying jobs to sending less money to foreign oil producers.
Less well appreciated are the geopolitical benefits. U.S. oil production has already paid foreign policy dividends in at least one vital area: It has paved the way for stronger sanctions on Iran by helping to keep the global oil market well-supplied and minimizing oil price volatility.
This development is timely and instructive."


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

US Banks Are Even-Bigger-To-Fail

"Five years after Lehman's collapse US banks are even-bigger-to-fail given consolidation: J.P. Morgan taking over Bear Stearns, Bank of America taking Countrywide & Merrill Lynch, Wells Fargo taking Wachovia." - in Twitter
Related stocks: Bank of America (BAC), J.P. Morgan (JPM), Wells Fargo (WFC)






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

Italy is in 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 professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Be Sure Your Seat Belt Is Securely Fastened

“Be sure your seat belt is securely fastened, because nothing has really come to rest. We have entered the ‘New Abnormal’, a period in which...the wise investor is prepared to be surprised.”

Related ETFs: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (NYSE:SPY), SPDR Gold Trust ETF (GLD)



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