Monday, November 2, 2015

Nouriel Roubini outlines Roubini Global Economic's research approach.

 The National Balance Sheet Approach







 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 GAF

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

Friday, October 30, 2015

The reemergence of nationalist, nativist populism in Europe is not surprising

In the 1930s, economic stagnation and depression led to the rise of Hitler in Germany, Mussolini in Italy, and Franco in Spain (among other authoritarians). Today’s brand of illiberal leaders may not yet be as politically virulent as their 1930s predecessors. But their economic corporatism and autocratic style are similar.

The reemergence of nationalist, nativist populism is not surprising: economic stagnation, high unemployment, rising inequality and poverty, lack of opportunity, and fears about migrants and minorities “stealing” jobs and incomes have given such forces a big boost. The backlash against globalization – and the freer movement of goods, services, capital, labor, and technology that comes with it – that has now emerged in many countries is also a boon to illiberal demagogues.

If economic malaise becomes chronic, and employment and wages do not rise soon, populist parties may come closer to power in more European countries. Worse, the eurozone may again be at risk, with a Greek exit eventually causing a domino effect that eventually leads to the eurozone’s breakup. Or a British exit from the EU may trigger European dis-integration, with the additional risks posed by the fact that some countries (the UK, Spain, and Belgium) are at risk of breaking up themselves.-- Roubini in Project Syndicate











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

Thursday, October 29, 2015

Roubini : Europe’s Politics of Dystopia



TOKYO – The recent victory of the conservative Law and Justice (PiS) party in Poland confirms a recent trend in Europe: the rise of illiberal state capitalism, led by populist right-wing authoritarians. Call it Putinomics in Russia, Órbanomics in Hungary, Erdoğanomics in Turkey, or a decade of Berlusconomics from which Italy is still recovering. Soon we will no doubt be seeing Kaczyńskinomics in Poland. 

All are variations on the same discordant theme: a nationalist leader comes to power when economic malaise gives way to chronic and secular stagnation. This elected authoritarian then starts to reduce political freedoms through tight-fisted control of the media, especially television. Then, he (so far, it has always been a man, though France’s Marine Le Pen would fit the pattern should she ever come to power) pursues an agenda opposing the European Union (when the country is a member) or other institutions of supra-national governance.

He will also oppose free trade, globalization, immigration, and foreign direct investment, while favoring domestic workers and firms, particularly state-owned enterprises and private business and financial groups with ties to those in power. In some cases, outright nativist, racist parties support such government or provide an even deeper authoritarian and anti-democratic streak.
Read more at https://www.project-syndicate.org/commentary/europe-far-right-state-capitalism-by-nouriel-roubini-2015-10#uJdMvARFegUbBRFZ.99














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

Wednesday, October 28, 2015

Roubini dismisses China scare as False Alarm

Nouriel Roubini has cast aside his mantle as the lugubrious "Dr Doom" of the global economy, scathingly dismissing market panic over China as "manic depressive" behaviour by ill-informed investors. "China is not in free-fall," he told the Ambrosetti forum of world leaders on Lake Como. Mr Roubini, a professor at New York University, described the alarmist reaction to the Shanghai stock market rout as "excessive, unreasonable and irrational". The Shanghai bourse is largely closed to the rest of the world and is thinly owned by Chinese citizens, while the country's banking system is state-owned and therefore has the entire resources of the Communist regime to avert a financial meltdown.

Read more @ http://www.telegraph.co.uk/finance/economics/11845194/Nouriel-Roubini-dismisses-China-scare-as-false-alarm-stuns-with-optimism.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

Tuesday, October 27, 2015

Nouriel Speaker At The Global Alpha Forum 2015

 Nouriel Roubini To Speak At Global Alpha Forum 2015 









 Industry Leading Panels & Speakers

Global Alpha Forum provides industry leading content including both topical keynote speakers and issue driven panel discussions. These panels and speakers cover far more than the current state of the alternative investment industry; they take a deep dive into where our sector is moving and cover the latest and biggest trends. Allocator and managers alike will find it extremely productive to explore new directions in fund investing.



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

Monday, October 26, 2015

The Combination of Macro Liquidity & Market Illiquidity is a Time Bomb

"In equity markets, high-frequency traders (HFTs) ... account for a larger share of transactions," he said. "Indeed, trading in the U.S. nowadays is concentrated at the beginning and the last hour of the trading day, when HFTs are most active; for the rest of the day, markets are illiquid, with few transactions."

"This combination of macro liquidity and market illiquidity is a time bomb. So far, it has led only to volatile flash crashes and sudden changes in bond yields and stock prices. But, over time, the longer central banks create liquidity to suppress short-run volatility, the more they will feed price bubbles in equity, bond and other asset markets," 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

Saturday, October 24, 2015

Roubini: Mideast Needs Diplomacy Not Conflict

Nouriel Roubini: Mideast Needs Diplomacy Not Conflict - Presented by: The Aol. On Network Read more: http://www.nasdaq.com/video/nouriel-roubini--mideast-needs-diplomacy-not-conflict-519125421#ixzz3pVTDyOua
In today's "Morning Must Read," Bloomberg’s Vonnie Quinn recaps the op-ed pieces and analyst notes providing insight behind today's headlines, including comments from Nouriel Roubini. She speaks on "Bloomberg Surveillance.” Read more: http://www.nasdaq.com/video/nouriel-roubini--mideast-needs-diplomacy-not-conflict-519125421#ixzz3pVT4v75Y











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

Friday, October 23, 2015

Nouriel Roubini To Speak At Global Alpha Forum 2015

Industry Leading Panels & Speakers
Global Alpha Forum provides industry leading content including both topical keynote speakers and issue driven panel discussions. These panels and speakers cover far more than the current state of the alternative investment industry; they take a deep dive into where our sector is moving and cover the latest and biggest trends. Allocator and managers alike will find it extremely productive to explore new directions in fund investing.









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

Thursday, October 22, 2015

Roubini : On China Economy Bumpy Landing


China's economy path will be bumpy, but not a hard 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

Tuesday, October 20, 2015

Roubini Global Economics New Joint Venture with ThoughtWorks360

NEW YORK, NY--(Marketwired - October 12, 2015) - Roubini Global Economics (RGE), a leading provider of independent, global macroeconomic research, today announced the formation of a joint venture with ThoughtWorks360, a thought leadership consultancy, to create a new enterprise called Roubini ThoughtWorks. The new venture will be founded in mixed-methods research, applying advanced analytical tools, predictive models, digital technology, and expert opinion to understand future megatrends and their impact on business, government, and people around the world.
Roubini ThoughtWorks will work with clients to deliver innovative thinking to help corporate and government leaders embrace transformative change in today's hyperconnected, digital world. This venture will combine RGE's economic and market expertise with ThoughtWorks360's research, editorial and marketing skills to provide private- and public-sector organizations with analytics-based thought leadership and decision-support programs, thereby inspiring fresh management ideas and delivering actionable insights.
read more @ http://www.marketwired.com/press-release/roubini-global-economics-and-thoughtworks360-partner-to-create-roubini-thoughtworks-2063022.htm








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

Monday, October 19, 2015

Crisis Economics by Nouriel Roubini Ebook PDF


Crisis Economics by Nouriel Roubini Ebook PDF






Author: Nouriel Roubini
Publish: 2010-05-11
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

Saturday, October 17, 2015

Brunello Rosa of Roubini Global Economics gives a message to the youth at Ambrosetti Forum







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

Thursday, October 15, 2015

Brazil can avoid The Crisis






"Brazil isn't destined to have a crisis, it's possible to avoid it," Roubini said to Folha "If they make the necessary adjustments, there won't be any further downgrading and confidence in fiscal policy will improve. That will make people more comfortable about spending. The currency has devalued to the point of becoming more competitive, and exports should increase, though not by much, because of the global situation. Midway through next year, inflation should fall, because there will no longer be the effects of the increase of price controls and the recession will make the increase in salaries lower. The Central Bank will thus be able to cut interest rates and that will re-establish some growth. Brazilian GDP is likely to shrink 3% this year, perhaps as much as 4%. In 2016, if adjustments are made, I think there will be recession in the first six months, but the economy will bottom out midway through the year and then begin to recover. Brazil is not destined to have a crisis. There is a way out, although it is difficult and requires political courage from whoever is in power. For things to stabilize, fiscal adjustment is necessary, there's no other way," 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

Wednesday, October 14, 2015

Brazil on the Brink of a Precipice Roubini Warns



Nouriel Roubini, one of the few economists who predicted the financial crisis of 2008, has warned, "Brazil is on the brink of a precipice."

Roubini argues that without fiscal adjustment, the country will lose its investment grade rating with other credit rating agencies (as has already happened with Standard and Poor's); borrowing costs will skyrocket; the real will go into freefall and the economy will shrink further still.

But Dr. Apocalypse, as the economist is known for his gloomy predictions, is not entirely pessimistic about Brazil's future. "Brazil isn't destined to have a crisis, it's possible to avoid it," he says. However, he says that for this to occur the country must run a surplus of at least 0.7% in 2016.

He estimates that Brazilian GDP will shrink by around 3% this year and remain stagnant or just slightly positive in 2016, as long as there is adjustment. According to the Focus report, the market expects recession of 2.85% in 2015 and 1% in 2016.

read more @ http://www1.folha.uol.com.br/internacional/en/business/2015/10/1693317-brazil-on-the-brink-of-a-precipice-says-roubini-but-crisis-may-be-averted.shtml





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

Tuesday, October 13, 2015

About RGE Roubini Global Economics




Roubini Global Economics is the leading independent, global macroeconomic research firm founded in 2004 by renowned economist Nouriel Roubini. Roubini research combines expert insight with systematic analysis to translate economic, market and policy signals into actionable intelligence for a wide range of financial, corporate and policy professionals. This holistic approach uncovers opportunities and risks before they come to the attention of companies and markets, helping clients arrive at better decisions in a timelier manner. Roubini is headquartered in New York, with offices in London and Singapore.








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

Saturday, October 10, 2015

No Sign of a Spike


This time around, instability in the Middle East is far more severe and widespread. But there appears to be no “fear premium” on oil prices; on the contrary, oil prices have declined sharply since 2014. Why?

Perhaps the most important reason is that, unlike in the past, the turmoil in the Middle East has not caused a supply shock. Even in the parts of Iraq now controlled by Islamic State, oil production continues, with output smuggled and sold in foreign markets. And the prospect that sanctions on Iran′s oil exports will be phased out implies significant inflows of foreign direct investment aimed at increasing production and export capacity.

Indeed, there is a global glut of oil. In North America, the shale-energy revolution in the US, Canada′s oil sands, and the prospect of more onshore and offshore oil production in Mexico (now that its energy sector is open to private and foreign investment) have made the continent less dependent on Middle East supplies. Moreover, South America holds vast hydrocarbon reserves, from Colombia all the way to Argentina, as does East Africa, from Kenya all the way to Mozambique.

With the US on the way to achieving energy independence, there is a risk that America and its Western allies will consider the Middle East less strategically important. That belief is wishful thinking: a burning Middle East can destabilise the world in many ways.

First, some of these conflicts may yet lead to an actual supply disruption, as in 1973, 1979, and 1990. Second, civil wars that turn millions of people into refugees will destabilise Europe economically and socially, which is bound to hit the global economy hard. And the economies and societies of frontline states like Lebanon, Jordan, and Turkey, already under severe stress from absorbing millions of such refugees, face even greater risks.

Third, prolonged misery and hopelessness for millions of Arab young people will create a new generation of desperate jihadists who blame the West for their despair. Some will undoubtedly find their way to Europe and the US and stage terrorist attacks.

So, if the West ignores the Middle East or addresses the region′s problems only through military means (the US has spent $2 trillion in its Afghan and Iraqi wars, only to create more instability), rather than relying on diplomacy and financial resources to support growth and job creation, the region′s instability will only worsen. Such a choice would haunt the US and Europe – and thus the global economy – for decades to come.

Nouriel Roubini

© Project Syndicate 2015











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

Friday, October 9, 2015

Roubini: We Are Not Going Back to $100/Barrel Oil

April 28 -- RGB 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

Thursday, October 8, 2015

Roubini : There is a Global glut of Oil




Indeed, there is a global glut of oil. In North America, the shale-energy revolution in the US, Canada′s oil sands, and the prospect of more onshore and offshore oil production in Mexico (now that its energy sector is open to private and foreign investment) have made the continent less dependent on Middle East supplies. Moreover, South America holds vast hydrocarbon reserves, from Colombia all the way to Argentina, as does East Africa, from Kenya all the way to Mozambique.
With the US on the way to achieving energy independence, there is a risk that America and its Western allies will consider the Middle East less strategically important. That belief is wishful thinking: a burning Middle East can destabilise the world in many ways.







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

Wednesday, October 7, 2015

Roubini Warns : The violence and instability of North Africa is now spreading into Sub-Saharan Africa

Djibouti: The Middle East Meltdown and Global Risk – Impact of The Horn


New York (HAN) October 7, 2015 – Public Economic Diplomacy and the prospect of more onshore and offshore oil production in East Africa. Opinion By: Nouriel Roubini. A professor and was Senior Economist for International Affairs in the White House’s Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.

Among today’s geopolitical risks, none is greater than the long arc of instability stretching from the Maghreb to the Afghanistan-Pakistan border. With the Arab Spring an increasingly distant memory, the instability along this arc is deepening. Indeed, of the three initial Arab Spring countries, Libya has become a failed state, Egypt has returned to authoritarian rule, and Tunisia is being economically and politically destabilized by terrorist attacks.

The violence and instability of North Africa is now spreading into Sub-Saharan Africa, with the Sahel – one of the world’s poorest and most environmentally damaged regions – now gripped by jihadism, which is also seeping into the Horn of Africa to its east. And, as in Libya, civil wars are raging in Iraq, Syria, Yemen, and Somalia, all of which increasingly look like failed states.

The region’s turmoil (which the United States and its allies, in their pursuit of regime change in Iraq, Libya, Syria, Egypt and elsewhere, helped to fuel) is also undermining previously secure states. The influx of refugees from Syria and Iraq is destabilizing Jordan, Lebanon, and now even Turkey, which is becoming increasingly authoritarian under President Recep Tayyip Erdoğan. Meanwhile, with the conflict between Israel and the Palestinians unresolved, Hamas in Gaza and Hezbollah in Lebanon represent a chronic threat of violent clashes with Israel.
- See more at: http://www.geeskaafrika.com/djibouti-the-middle-east-meltdown-and-global-risk-impact-of-the-horn/10061/#sthash.FhFrpBqz.dpuf




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

Monday, October 5, 2015

Markets Are Too Pessimistic About Chinese Growth: Roubini



Markets Are Too Pessimistic About Chinese Growth: Roubini | 2015-Sep-04 by Bloomberg Global Business
“I think the markets are now becoming slightly too pessimistic about Chinese economic growth and the ability of the policy authorities to manage the growth slowdown, the movements of the currency and stock market,” Roubini told Bloomberg News. “My view has been all along that the Chinese slowdown is going to be a bumpy, rough landing, but something short of a real hard landing.”











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

Friday, October 2, 2015

Nouriel Roubini: Mideast Needs Diplomacy Not Conflict


In today's "Morning Must Read," Bloomberg’s Vonnie Quinn recaps the op-ed pieces and analyst notes providing insight behind today's headlines, including comments from Nouriel Roubini. She 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, October 1, 2015

The Middle East Meltdown and Global Risk





NEW YORK – Among today’s geopolitical risks, none is greater than the long arc of instability stretching from the Maghreb to the Afghanistan-Pakistan border. With the Arab Spring an increasingly distant memory, the instability along this arc is deepening. Indeed, of the three initial Arab Spring countries, Libya has become a failed state, Egypt has returned to authoritarian rule, and Tunisia is being economically and politically destabilized by terrorist attacks.
The violence and instability of North Africa is now spreading into Sub-Saharan Africa, with the Sahel – one of the world’s poorest and most environmentally damaged regions – now gripped by jihadism, which is also seeping into the Horn of Africa to its east. And, as in Libya, civil wars are raging in Iraq, Syria, Yemen, and Somalia, all of which increasingly look like failed states.

The region’s turmoil (which the United States and its allies, in their pursuit of regime change in Iraq, Libya, Syria, Egypt and elsewhere, helped to fuel) is also undermining previously secure states. The influx of refugees from Syria and Iraq is destabilizing Jordan, Lebanon, and now even Turkey, which is becoming increasingly authoritarian under President Recep Tayyip Erdoğan. Meanwhile, with the conflict between Israel and the Palestinians unresolved, Hamas in Gaza and Hezbollah in Lebanon represent a chronic threat of violent clashes with Israel.
In this fluid regional environment, a great proxy struggle for regional dominance between Sunni Saudi Arabia and Shia Iran is playing out violently in Iraq, Syria, Yemen, Bahrain, and Lebanon. And while the recent nuclear deal with Iran may reduce the proliferation risk, the lifting of economic sanctions on Iran will provide its leaders with more financial resources to support their Shia proxies. Further east, Afghanistan (where the resurgent Taliban could return to power) and Pakistan (where domestic Islamists pose a continued security threat) risk becoming semi-failed states.
And yet, remarkably, even as most of the region began to burn, oil prices collapsed. In the past, geopolitical instability in the region triggered three global recessions. The 1973 Yom Kippur War between Israel and the Arab states caused an oil embargo that tripled prices and led to the stagflation (high unemployment plus inflation) of 1974-1975. The Iranian revolution of 1979 led to another embargo and price shock that triggered the global stagflation of 1980-1982. And the Iraq invasion of Kuwait in 1990 led to another spike in oil prices that triggered the US and global recession of 1990-1991.

Read more at https://www.project-syndicate.org/commentary/middle-east-meltdown-global-risk-by-nouriel-roubini-2015-10#jRtqIpC2x67SHttk.99










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

Wednesday, September 30, 2015

Roubini analyzing Kazakhstan Economic Diversification



"In the case of Kazakhstan, I would like to say that there are six key issues and aspects that will allow you to diversify the economy. Firstly, you need to invest in human capital, the so-called physical capital - a knowledge infrastructure. You need to raise its level, if you have a large amount of resources, that's just fine, but you need to redirect the investment and other resources. It is necessary to operate a good balance between the private and the public sector. Anyway, it is necessary to move away from state capitalism in the direction of the more common diversified economy,” -- reports BNews.kz






 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, September 25, 2015

Roubini : United Airlines is a bunch of idiots




"United Airlines is a bunch of idiots: they kicked out Nobel Prize Robert Shiller out of plane to Aspen conference because of "overbooking"
said Dr Nouriel Roubini in his twitter account today before he adds " Airlines provide lousy/rude service, treat passengers like cattle, overbook massively & overcharge as consolidation led to near monopoly"








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, September 21, 2015

Some Will Suffer More Than Others





“Some will suffer more than others,” Doctor Nouriel Roubini recently wrote in an op-ed, “but, with a few exceptions lacking systemic importance, widespread distress and crises need not occur.”





 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, September 18, 2015

Emerging Markets Slow Down has Led to a Global Financial Market Volatility


"It's a complex global economic situation," Nouriel Roubini, a professor at New York University's Stern School of Business and chairman of consultancy firm Roubini Global Economics, said earlier this month while attending an international economic conference in Italy. "Certainly, China is slowing down. Emerging markets are slowing down. This has led to global financial market volatility – a tightening of financial conditions." -- via http://www.usnews.com/news/articles/2015/09/15/brics-bloc-faces-cloudy-future







 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, September 14, 2015

Roubini : Low Growth is Unavoidable


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".
A Video By Alex Merced Support Alex Merced AlexMerced.com - LearnEconomicsNow.com - Libertarian101.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

Friday, September 11, 2015

Roubini dismisses China scare as false alarm, stuns with optimism

by Ambrose Evans-Pritchard, in Cernobbio, Italy
Telegraph.co.uk


 Nouriel Roubini has cast aside his mantle as the lugubrious “Dr Doom” of the global economy, scathingly dismissing market panic over China as “manic depressive” behaviour by ill-informed investors.
“China is not in free-fall,” he told the Ambrosetti forum of world leaders on Lake Como.
Mr Roubini, a professor at New York University, described the alarmist reaction to the Shanghai stock market rout as “excessive, unreasonable and irrational”.
The Shanghai bourse is largely closed to the rest of the world and is thinly owned by Chinese citizens, while the country’s banking system is state-owned and therefore has the entire resources of the Communist regime to avert a financial meltdown.
Continue Reading at Telegraph.co.uk…





 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 9, 2015

China Slowdown is neither a hard landing nor a soft landing




The slowdown in China is neither a hard landing or a soft landing, it's a bumpy landing. It could be better managed but growth is not likely to be worse than 6.5% this year and 6% next year.
China is not in free fall.




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 8, 2015

Roubini : China Slowdown going to be a bumpy





“I think the markets are now becoming slightly too pessimistic about Chinese economic growth and the ability of the policy authorities to manage the growth slowdown, the movements of the currency and stock market,”Dr. Doom told Bloomberg News.

“My view has been all along that the Chinese slowdown is going to be a bumpy, rough landing, but something short of a real hard landing.”





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, September 5, 2015

Roubini : China is not in Free-fall


"China is not in free-fall," he told the Ambrosetti forum 2015 held at Villa d'Este in Cernobbio on Lake Como in Northern Italy.
"None of this is happening. The slowdown in China is neither a hard landing or a soft landing, it's a bumpy landing. It could be better managed but growth is not likely to be worse than 6.5pc this year and 6pc next year," 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

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
Related Posts Plugin for WordPress, Blogger...