Friday, September 4, 2015

Roubini to Bloomberg on The Chinese Slowdown

Roubini : The Markets Are Too Pessimistic About Chinese Growth


 Roubini Global Economics Co-founder and Chairman Nouriel Roubini discusses China's slowdown, his strategy for the markets and when the U.S. will raise interest rates. He speaks to Bloomberg's Guy Johnson and Anna Edwards from the Ambrosetti Forum in Cernobbio, Italy. (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

Wednesday, September 2, 2015

Nouriel proposes an early-warning system for Financial Tsunamis




NEW YORK – Recent market volatility – in emerging and developed economies alike – is showing once again how badly ratings agencies and investors can err in assessing countries’ economic and financial vulnerabilities. Ratings agencies wait too long to spot risks and downgrade countries, while investors behave like herds, often ignoring the build-up of risk for too long, before shifting gears abruptly and causing exaggerated market swings.
Given the nature of market turmoil, an early-warning system for financial tsunamis may be difficult to create; but the world needs one today more than ever. Few people foresaw the subprime crisis of 2008, the risk of default in the eurozone, or the current turbulence in financial markets worldwide. Fingers have been pointed at politicians, banks, and supranational institutions. But ratings agencies and analysts who misjudged the repayment ability of debtors – including governments – have gotten off too lightly.
In principle, credit ratings are based on statistical models of past defaults; in practice, however, with few national defaults having actually occurred, sovereign ratings are often a subjective affair. Analysts at ratings agencies follow developments in the country for which they are responsible and, when necessary, travel there to review the situation
Read more at http://www.project-syndicate.org/commentary/financial-early-warning-system-by-nouriel-roubini-2015-08#i0wtiAdvcCR4fAsL.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

Tuesday, September 1, 2015

Jay Shambaugh a great choice for the CEA!


Nouriel Roubini ‏: "@CEAChair: Jay Shambaugh is an excellent international macro economist dedicated to public service". Indeed a great choice for the CEA! - via twitter @Nouriel Aug 26






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, August 31, 2015

Roubini ‏: CEA’s loss is the World’s Gain



Nouriel Roubini ‏: "@CEAChair: CEA’s loss is the world’s gain, best wishes Maury https://www.imf.org/external/np/sec/pr/2015/pr15343.htm …" Excellent choice of Maury for IMF Chief Economist job -- 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

Saturday, August 29, 2015

Brazil should have been downgraded below investment grade last year

 Read more at http://www.project-syndicate.org/commentary/financial-early-warning-system-by-nouriel-roubini-2015-08#Bhlurxy2j6VkCPhD.99


Brazil should have been downgraded below investment grade last year, as the economy struggled with a widening fiscal deficit, a growing economy-wide debt burden, and a weak and worsening business environment. The corruption scandal at energy giant Petrobras is finally causing ratings agencies to reassess Brazil, but the move comes too late, and their downgrades probably will not be sufficient to reflect the true risk. Other emerging markets also look fragile and at risk of an eventual downgrade.







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, August 28, 2015

IMF Appoints Maurice Obstfeld as Economic Counselor -- Excellent choice!



Nouriel Roubini ‏: IMF Appoints Maurice Obstfeld as Economic Counselor and Director of the IMF's Research Department https://www.imf.org/external/np/sec/pr/2015/pr15343.htm … Excellent choice! - Nouriel 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

Thursday, August 27, 2015

A Financial Early-Warning System


NEW YORK – Recent market volatility – in emerging and developed economies alike – is showing once again how badly ratings agencies and investors can err in assessing countries’ economic and financial vulnerabilities. Ratings agencies wait too long to spot risks and downgrade countries, while investors behave like herds, often ignoring the build-up of risk for too long, before shifting gears abruptly and causing exaggerated market swings.
Given the nature of market turmoil, an early-warning system for financial tsunamis may be difficult to create; but the world needs one today more than ever. Few people foresaw the subprime crisis of 2008, the risk of default in the eurozone, or the current turbulence in financial markets worldwide. Fingers have been pointed at politicians, banks, and supranational institutions. But ratings agencies and analysts who misjudged the repayment ability of debtors – including governments – have gotten off too lightly.

In principle, credit ratings are based on statistical models of past defaults; in practice, however, with few national defaults having actually occurred, sovereign ratings are often a subjective affair. Analysts at ratings agencies follow developments in the country for which they are responsible and, when necessary, travel there to review the situation.

Read more at http://www.project-syndicate.org/commentary/financial-early-warning-system-by-nouriel-roubini-2015-08#b0VZFUhQsiuWqiER.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

Tuesday, August 25, 2015

Outlook of the world economy - Roubini Global Economics - National Oil Companies Congress 2013

 Nouriel Roubini, Founder and Chairman of Roubini Global Economics gives his keynote address on 'What is the outlook of 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

Monday, August 24, 2015

Roubini Predicts The Break-up of The Eurozone






 American economist Nouriel Roubini said on Wednesday that the Eurozone will break up unless the member states restore economic growth.
The New York University professor was speaking at a conference organised by IG Metall, Germany's biggest trade union, in Berlin.
He said that the Eurozone was not paying enough attention to job creation and GDP growth, because it was too focused on austerity.
"If I had to propose policies that change that historic road I would say we have to postpone the fiscal austerity in the periphery and do it more gradual, slower rather than faster. In countries like Germany where there is fiscal space instead of doing fiscal austerity now you have to postpone it and you have to do fiscal stimulus," he said.
Roubini went onto say that the fiscal compact will lead to weaker economic growth and deepen recession in the Euro area in 2013.
"And unless we restore that economic growth eventually this crisis is going to get worse and we will have a break up of the Eurozone," he said, "and unfortunately those who are resisting the most, those stimulative policies come in the core of the Eurozone and come in the government of Germany - this resisting policy that would try to restore job creation and job growth in the periphery of Eurozone. So unless we do that eventually the crisis could get worse rather than get better."




 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, August 22, 2015

Nouriel Roubini Says Chinese Economy Will See 'Bumpy Landing'







Nouriel Roubini, chairman of Roubini Global Economics LLC and a professor at New York University's Stern School of Business, talks about the global economy, central bank policies and financial markets. He speaks with Tom Keene, Michael McKee, Brendan Greeley and Vonnie Quinn on Bloomberg Television's "Surveillance." (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

Friday, August 21, 2015

Low Growth is Unavoidable

 Nouriel Roubini, Chairman Roubini Global Economics. Interviewed at the 38th edition of the annual workshop "Intelligence on the World, Europe, and Italy".







 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, August 20, 2015

We Are Not Going Back to $100/Barrel Oil

Roubini Global Economics co-founder Nouriel Roubini comments on oil prices during an interview with Bloomberg's Stephanie Ruhle and Erik Schatzker at the Milken Global Conference in Beverly Hills, CA.









 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, August 19, 2015

Roubini on Rioting in America

 What do the Baltimore riots have to do with income inequality in America? Economist Nouriel Roubini breaks it down. ?









 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, August 18, 2015

Nouriel Roubini and Deflation



Nouriel Roubini also known as Dr. Doom Nouriel Roubini,decided to ask James Rickards, author of "Currency Wars," why he advocates for a return to the gold ...





 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, August 17, 2015

Limits of Monetary Policy and Stimulus - Low Growth is Unavoidable





 
Nouriel Roubini, Chairman Roubini Global Economics. Interviewed at the 38th edition of the annual workshop "Intelligence on the World, Europe, and Italy".



 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, August 15, 2015

Nouriel Roubini: Time to Close the 'Financial Supermarkets'







 NYU economist Nouriel Roubini argues that "too big to fail" bailouts of banking institutions should be followed-up by breaking these companies into smaller, more manageable divisions. Roubini argues that support for increasingly larger financial conglomerates may lead to banks that are "too big to bail out."

-----

In Crisis Economics: A Crash Course in the Future of Finance, Nouriel Roubini - renowned economist and professor of economics at NYU's Stern School of Business - reveals the methods he used to foretell the current financial 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. - Sixth and I Historic Synagogue

Nouriel Roubini is the co-founder and chairman of Roubini Global Economics, an innovative economic and geostrategic information service and consultancy named one of the best economics websites by Business Week, Forbes, the Wall Street Journal and The Economist. 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 at the White House Council of Economic Advisors and then the Senior Advisor to the Under Secretary for International Affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises among other issues.



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, August 14, 2015

Roubini Predicts Markets Collapse in 2016





I think that this frothiness that we have seen in financial markets is likely to continue, from equities to credit to housing, and in a couple of years, most likely, this asset inflation is going to become asset frothiness and eventually an asset and a credit bubble and eventually any bubble ends up in a bust and a crash.

I would say that valuations in many markets, whether it’s government bonds or credit, or real estate, or some equity markets, are already stretched. And they’re going to become more stretched as the real economy justifies the slow exit, and all this liquidity is going to go into more asset inflation. So two years down the line, we could have this shakeout … 2016 I would say.



 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, August 13, 2015

Roubini: We Are Still in Unconventional Monetary Policy


Roubini Global Economics Chairman Nouriel Roubini discusses monetary policy. He speaks on "Bloomberg Surveillance." (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

Wednesday, August 12, 2015

Roubini : Alternatives to Credit Ratings Agencies already Available



In an op-ed, Professor Nouriel Roubini explains why rating agencies are not equipped to spot the dangers hidden in a shifting global economic scene.

 No one said setting up an early warning system for a global financial storm was easy. Among those blamed for failing to spot the 2008 subprime crisis are senior politicians, the world’s biggest banks and several supranational institutions.

However, with the US Federal Reserve and Bank of England likely to raise interest rates, China’s growth slowing and commodity prices falling, we need an effective way to spot the gathering clouds now as much as ever. For many, that means turning to credit rating agencies — despite the fact that they failed to detect signs of crisis on the horizon in the last decade.

Credit rating agencies matter. These private companies assess the ability of debtors, including countries, to repay. Because regulators often defer to their assessments of the risk inherent in holding a particular asset, they in effect dictate what investors can invest in, and how much.

Read full article as published in Financial Times








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, August 11, 2015

Roubini: Combination of Factors Weighing on Commodities


Roubini Global Economics Chairman Nouriel Roubini talks about the factors affecting commodity prices and the reduced pricing power of OPEC. He speaks on "Bloomberg Surveillance." (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

Monday, August 10, 2015

Roubini : Chinese Economy Will See 'Bumpy Landing




Roubini Says Chinese Economy Will See 'Bumpy Landing'





Nouriel Roubini, chairman of Roubini Global Economics LLC and a professor at New York University's Stern School of Business, talks about the global economy, central bank policies and financial markets. He speaks with Tom Keene, Michael McKee, Brendan Greeley and Vonnie Quinn on Bloomberg Television's "Surveillance." (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

Friday, August 7, 2015

Nouriel Roubini predicts break-up of Eurozone unless economic growth is restored





 1. Wide of Nouriel Roubini, New York University Economics Professor, speaking at German union conference
2. Mid of Roubini speaking at podium
3. Mid of audience listening
4. SOUNDBITE (English) Nouriel Roubini, US economist:
"On the US I would say compared to Europe or the UK or Japan that are stagnating or in recession, in relative terms the US is growing but there are economic difficulties, there are social difficulties, there are fiscal and financial difficulties in the United States."
5. Mid of audience listening
6. SOUNDBITE (English) Nouriel Roubini, US economist:
"So what I fear today about the Eurozone is that they don't put job creation and demand and GDP growth in the centre of the policy debate. Is more austerity in the periphery, is more austerity in the core. If I had to propose policies that change that historic road I would say we have to postpone the fiscal austerity in the periphery and do it more gradual, slower rather than faster. In countries like Germany where there is fiscal space instead of doing fiscal austerity now you have to postpone it and you have to do fiscal stimulus."
7. Mid of Roubini speaking
8. Mid of audience listening
9. SOUNDBITE (English) Nouriel Roubini, US economist:
"That fiscal austerity until last year was only in the periphery of the Eurozone but now that the Eurozone has agreed about the fiscal compact you're going to start to see fiscal austerity in Austria, in Germany, in Belgium, in Netherlands, in Finland. So having synchronised austerity both in the core and the periphery, (it) is going to imply weaker economic growth."
10. Mid of a photographer
11. Mid of Roubini speaking
12. SOUNDBITE (English) Nouriel Roubini, US economist:
"And unless we restore that economic growth eventually this crisis is going to get worse and we will have a break up of the Eurozone. And unfortunately those who are resisting the most, those stimulative policies come in the core of the Eurozone and come in the government of Germany - this resisting policy that would try to restore job creation and job growth in the periphery of Eurozone. So unless we do that eventually the crisis could get worse rather than get better."
13. Wide of Roubini speaking
14. Close of Roubini speaking

STORYLINE:
American economist Nouriel Roubini said on Wednesday that the Eurozone will break up unless the member states restore economic growth.
The New York University professor was speaking at a conference organised by IG Metall, Germany's biggest trade union, in Berlin.
He said that the Eurozone was not paying enough attention to job creation and GDP growth, because it was too focused on austerity.
"If I had to propose policies that change that historic road I would say we have to postpone the fiscal austerity in the periphery and do it more gradual, slower rather than faster. In countries like Germany where there is fiscal space instead of doing fiscal austerity now you have to postpone it and you have to do fiscal stimulus," he said.
Roubini went onto say that the fiscal compact will lead to weaker economic growth and deepen recession in the Euro area in 2013.
"And unless we restore that economic growth eventually this crisis is going to get worse and we will have a break up of the Eurozone," he said, "and unfortunately those who are resisting the most, those stimulative policies come in the core of the Eurozone and come in the government of Germany - this resisting policy that would try to restore job creation and job growth in the periphery of Eurozone. So unless we do that eventually the crisis could get worse rather than get better."




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

Reagan’s economic recovery better than Obama’s?


 Roubini Global Economics Chairman Nouriel Roubini on the impact of government policies on economic growth.






 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, August 6, 2015

Roubini on expected US unemployment figures






 1. Wide of Nouriel Roubini, New York University Professor of Economics entering news conference
2. Roubini sitting down
3. SOUNDBITE (English) Nouriel Roubini, New York University Professor of Economics:
"Well, the labour market conditions are weak in the US and they''ve been weak for a while, and since the economic growth is well below potential, unemployment rate is going to go higher and the only reason why the unemployment rate has not gone higher in the last few months has been that, in spite of weak job creation, enough people have become so discouraged that they''ve exited the labour market so they don''t even show up as unemployed people."
4. Cutaway Roubini speaking
5. SOUNDBITE (English) Nouriel Roubini, New York University Professor of Economics:
"And if you look not at the unemployment rate, but the employment ratio - the ratio of people unemployed as a fraction of the population - that ratio is now at its 20-30 year low. So every measure of the labour market is now suggesting weakness and I would expect that as economic growth is below potential the labour market is not going to create many jobs."
6. Wide of news conference
7. SOUNDBITE (English) Nouriel Roubini, New York University Professor of Economics:
"Every firm said in a crisis ''in order to survive, thrive and regain profits I have to cut costs, especially labour costs.'' My labour costs are somebody else''s labour income, consumption and demand. So individual actions that are rational like ''I need to survive and thrive'', lead to a macro effect in which the destruction of labour jobs and labour income makes the recovery weaker, doesn''t create enough consumption and then makes the risk of a recession more severe."
8. Cutaway of journalist
9. Wide of news conference
STORYLINE:
American economist Nouriel Roubini expressed his belief that the unemployment rate in the US is going to grow higher as US employment figures are at the lowest in the past 20 to 30 years.
The New York University economist, known as Doctor Doom since predicting the global financial crisis, said on Friday that the US labour market conditions are weak which suggests unemployment rates will grow higher.
"Since the economic growth is well below potential, unemployment rate is going to go higher," Roubini told a news conference after the opening of the Ambrosetti forum on Lake Como in Italy.
As the US Labour Department is poised to release figures for unemployment and the jobless rate in August, Roubini explained that the labour market in the US has entered a vicious circle which will make recession more severe.
"Every firm said in a crisis in order to survive, thrive and gain profits, I have to cut costs, especially labour costs, my labour costs are somebody else''s labour income, consumption, and demand, so individual actions that are rational like ''I need to survive and thrive'' lead to a macro effect in which the destruction of labour jobs and labour income makes the recovery weaker, doesn''t create enough consumption and makes the risk of a recession more severe." explained Roubini.
"My labour costs (referring to businesses) are somebody else''s labour income, consumption and demand. So individual actions that are rational like ''I need to survive and thrive'', lead to a macro effect in which the destruction of labour jobs and labour income makes the recovery weaker," he said.
The US Labour Department is set to announce figures for employment and the jobless rate in August later on Friday.


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 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, August 5, 2015

Roubini: 95% of Active Funds Do Worse Than Benchmark

 July 30 -- Roubini Global Economics Chairman Nouriel Roubini discusses his investment ideas. He speaks 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

Tuesday, August 4, 2015

Reagan’s economic recovery better than Obama’s?


Roubini’s ‘Smart Beta’ Low Risk, High Return Bet

In an interview with FOX Business Network’s Stuart Varney, world renowned economist Nouriel Roubini compared the differences in President Reagan’s recovery to President Obama’s -- and also offered some investment advice.

“There are a number of differences,” he said. “First of all, Obama entered the worst economic and financial crisis since The Great Depression, when he came to power the stock market was down 70 percent with [an] unemployment rate like we never had before. The economy was tanking, like during The Great Depression … initial starting point was very different.”








 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, August 1, 2015

Nouriel Roubini predicts break-up of Eurozone unless Economic Growth is restored




 American economist Nouriel Roubini said on Wednesday that the Eurozone will break up unless the member states restore economic growth.
The New York University professor was speaking at a conference organised by IG Metall, Germany's biggest trade union, in Berlin.
He said that the Eurozone was not paying enough attention to job creation and GDP growth, because it was too focused on austerity.
"If I had to propose policies that change that historic road I would say we have to postpone the fiscal austerity in the periphery and do it more gradual, slower rather than faster. In countries like Germany where there is fiscal space instead of doing fiscal austerity now you have to postpone it and you have to do fiscal stimulus," he said.
Roubini went onto say that the fiscal compact will lead to weaker economic growth and deepen recession in the Euro area in 2013.
"And unless we restore that economic growth eventually this crisis is going to get worse and we will have a break up of the Eurozone," he said, "and unfortunately those who are resisting the most, those stimulative policies come in the core of the Eurozone and come in the government of Germany - this resisting policy that would try to restore job creation and job growth in the periphery of Eurozone. So unless we do that eventually the crisis could get worse rather than get better."


 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, July 31, 2015

Roubini explains what is affecting Commodity Prices


Roubini: Combination of Factors Weighing on Commodities
Roubini Global Economics Chairman Nouriel Roubini talks about the factors affecting commodity prices and the reduced pricing power of OPEC. He speaks on "Bloomberg Surveillance." (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, July 30, 2015

Roubini: 95% of Active Funds Do Worse Than Benchmark

 July 30 -- Roubini Global Economics Chairman Nouriel Roubini discusses his investment ideas. He speaks 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

Alpha, Beta, and Beyond By Nouriel Roubini


By Nouriel Roubini

Even in normal times, individual and institutional investors alike have a hard time figuring out where to invest and in what. Should one invest more in advanced or emerging economies? And which ones? How does one decide when, and in what way, to rebalance one’s portfolio?

Obviously, these choices become harder still in abnormal times, when major global changes occur and central banks follow unconventional policies. But a new, low-cost approach promises to ease the challenge confronting investors in normal and abnormal times alike.

In the asset management industry, there have traditionally been two types of investment strategies: passive and active. The passive approach includes investment in indices that track specific benchmarks, say, the S&P 500 for the United States or an index of advanced economies or emerging-market equities. In effect, one buys the index of the market.
Read more @ http://www.azernews.az/analysis/85970.html








 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, July 29, 2015

Roubini Condemns cute Investment Labels




In a recent interview with the Financial Times, “Nouriel Roubini: Dr Doom condemns cute investment labels”, author Sophia Grene says, “Although he acknowledges there is increasing interest in emerging markets, Mr Roubini is scornful of mnemonics such as Brics, an acronym coined by Jim O’Neill, the former Goldman Sachs chief economist, to put Brazil, Russia, India, China and South Africa in a single category of large developing economies with similar demographics and commodity resources.” - via nasdaq.com





 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, July 28, 2015

Nouriel Roubini’s secret for beating The Market

NEW YORK (Project Syndicate) — Even in normal times, individual and institutional investors alike have a hard time figuring out where to invest and in what. Should one invest more in advanced or emerging economies? And which ones? How does one decide when, and in what way, to rebalance one’s portfolio?

Obviously, these choices become harder still in abnormal times, when major global changes occur and central banks follow unconventional policies. But a new, low-cost approach promises to ease the challenge confronting investors in normal and abnormal times alike.

In the asset management industry, there have traditionally been two types of investment strategies: passive and active. The passive approach includes investment in indices that track specific benchmarks, say, the S&P 500 SPX, +0.24%  for the United States or an index of advanced economies or emerging-market equities. In effect, one buys the index of the market.
Read More @ http://www.marketwatch.com/story/robert-shillers-secret-for-beating-the-market-2015-07-27?mod=mw_image_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, July 27, 2015

Roubini : China is at a Critical Tipping Point






 Having been among the few to predict that the collapse of the U.S. housing market would lead to a global financial crisis years before disaster struck, economist Nouriel Roubini clearly knows a thing or two about unsustainable growth models. In a recent interview with Credit Suisse, Roubini says that this time, it is China’s economy that is facing a critical tipping point. Can China’s leaders effectively manage the transition from an economy that relies too much on investment to one that is more consumption-driven?



 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, July 25, 2015

Roubini: ‘Pots of Money Will Be Found’ for Greece

 The Greek debt crisis is threatening the long-held dream of Europe as a united entity. That dream faces a new test







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, July 23, 2015

Nouriel Roubini featured in a Le Monde Article



Nouriel Roubini featured in a Le Monde article as one of the 12 "contemporary prophets". Too kind as others are deeper thinkers http://mobile.lemonde.fr/festival/article/2015/07/22/nouriel-roubini-l-oracle-de-la-crise-financiere_4693307_4415198.html?xtref=http://t.co/z5iJgltSnJ …




 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, July 22, 2015

Roubini on What Greece needs do next ?


Now that the Greek people have overwhelmingly rejected the terms of the creditors’ proposed cash-for-reforms deal, either a new (short-term) deal will be reached by July 20 (when Greece is due to pay off €3.5 billion in bonds to the ECB) or the government will default on another key institution, dramatically raising the odds of "Grexit" once again.






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, July 20, 2015

Roubini : Grexit would be a Catastrophe


Dr Doom: Grexit would be a catastrophe Nouriel Roubini says the consequences of Greece leaving the euro would harm the global economy - in The Financial Times





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, July 18, 2015

Roubini : The world economy is flying on one engine


according to acclaimed economist Nouriel Roubini, the “world economy is flying on one engine”






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, July 17, 2015

Barclays Partners With Roubini for Global Stock Indexes




Nouriel Roubini ‏on Twitter : Barclays Partners With ‘Dr. Doom’ for Global Stock Indexes, Barron's http://m.barrons.com/articles/BL-FUNDSB-19092 … Collaboration with my RGE
U.K. banking giant Barclays (UK: BARC) is teaming up with Nouriel Roubini on factor-based stock indexes. These Roubini Barclays Country Insights Indices were developed by Roubini Global Economics...





 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, July 16, 2015

The Roubini Barclays Country Insights Indices Launched






London-based bank Barclays has partnered with economist Nouriel Roubini and his Roubini Global Economics research firm to launch a suite of smart beta equity indices: the Roubini Barclays Country Insights Indices. As tradeable strategy indices, the suite is ideally suited to underlie index-linked investment products such as exchange-traded funds.
Source :  http://www.etfstrategy.co.uk/barclays-partners-with-nouriel-roubini-to-launch-smart-beta-strategy-indices-51889/










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, July 14, 2015

Nouriel Roubini on Greek Deal : Euro Economy, Markets should recover



If implemented, the last-gasp deal to keep Greece in the euro zone should allow the region’s economy and markets to regain the momentum they showed earlier this year by removing an existential threat to the 19-nation-bloc, economist Nouriel Roubini said on Monday.
The agreement, despite its imperfections, shows that Europe will ultimately pull together, even to try to help its weakest link, said the professor of economics and international business at the Stern School of Business, New York University.
If there had been a ‘Grexit’ – Greece exiting the euro zone – a “fundamental repricing” of euro zone assets would have been appropriate, said Roubini, the man known as “Dr Doom” who was among the few to predict the U.S. housing crash that triggered the global financial crisis.


 Read more @ http://www.financialexpress.com/article/markets/world-markets/euro-economy-markets-should-recover-on-greek-deal-nouriel-roubini/100409/





 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, July 11, 2015

Roubini: ‘Pots of Money Will Be Found’ for Greece





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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, July 10, 2015

Nouriel predicts future growth in China 6.5%


Nouriel predicts future growth in China 6.5% at best and declining. Yet to be factored into world economy bubble








 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, July 6, 2015

Roubini : Grexit risk Rising




Nouriel Roubini on Twitter: Our Roubini Global Economics take on the referendum: "Greece No Means More Negotiations" but Grexit risk rising https://www.roubini.com/analysis/greece-no-means-more-negotiations … $$




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, July 4, 2015

Roubini : This 'time bomb' will trigger next Financial Collapse


The man who called the 2008 financial crisis is sounding the alarm about what may cause the next one.
Nouriel Roubini, who has been dubbed "Dr. Doom" for his dark predictions, warned in an Op-Ed in The Guardian on Monday about the existence of a "liquidity time bomb" that he fears will eventually "trigger a bust and a collapse."

The New York University economist joins a growing number of observers who are worried about the issue. Liquidity is the lifeblood of financial markets. It measures how easy it is for investors to quickly sell stocks and bonds. When investors get fearful but can't sell their stocks, it causes even more panic.

Are more flash crashes coming? Roubini pointed to several scary episodes to back up his case that investors should be worried about "severe market illiquidity."
Investors around the world were spooked by the May 2010 flash crash, which sent the Dow Industrials plummeting nearly 1,000 points in about half an hour before recovering.
And then there was the "taper tantrum" in the spring of 2013 when bond yields skyrocketed for a few days after ex-Fed chief Ben Bernanke suggested ending quantitative easing.
Just last fall, bonds had a "flash crash" of their own, mysteriously plummeting in dramatic fashion on one day before rebounding. One New York Fed official even said reduced liquidity may have played a role in the incident.

So what's causing these liquidity troubles? Roubini pointed to three major factors:
1) Herding behavior: Lightning fast trading makes up an increasingly large amount of activity in the stock market. This has led to "herding behavior" and crowded trades (think: bullish on the U.S. dollar) that can create chaos when surprises occur and everyone heads for the exits at the same time.
2) Bonds are not stocks: It's important to remember that fixed-income assets don't trade in super liquid stock markets. They mostly change hands in illiquid, over-the-counter markets. Despite that, as Roubini points out, investors can cash out overnight. That creates the potential for fire sales like those that hit the mortgage bond market in 2007 and 2008.










 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, July 2, 2015

Roubini: Worries that Fed rate hike will negatively impact emerging markets exaggerated




“The prospect that the U.S. Federal Reserve will start exiting zero policy rates later this year has fueled growing fear of renewed volatility in emerging economies’ currency, bond, and stock markets,” Nouriel Roubini wrote in his monthly column for 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
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