Apr 23, 2012

Eurozone: The Only Hope Of Restoring Growth Is...

After all, with painful de-leveraging - spending less and saving more to reduce debts - depressing domestic private and public demand, the only hope of restoring growth is an improvement in the trade balance, which requires a much weaker euro. - in Today Online Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 19, 2012

The Labor Market Is Weakening

Rise in initial unemployment claims plus weak March payrolls confirms that labor market/economy is weakening. (Source: Roubini`s Twitter) Related, iShares Russell 2000 Index ETF (IWM) Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Eurozone Crisis Countries: Will Be Forced To Postpone Austerity

EZ crisis countries will all be forced to postpone some of the fiscal austerity as front-loading it will make their serious recession worse. - in Roubini`s Official Twitter Related, iShares MSCI Spain Index ETF (EWP), iShares MSCI Italy Index ETF (EWI) Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 18, 2012

China Needs To Grow Private Consumption

China, which may face a hard landing in a few years, needs to grow private consumption as a percentage of gross domestic product. - in a conference - Santiago, Chile

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 17, 2012

Chile: Fundamentals, Risks

Chile has been growing strongly - 6 percent - for the last 2 years and has strong macro-fiscal-financial fundamentals.

Chile's external risks are:
- a China slowdown & effect on copper price;
- the Eurozone crisis;
- the high price of oil
- a possible US slowdown

(Source: Roubini`s Official Twitter)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 16, 2012

Eurozone: No Growth Strategy

The trouble is that the euro zone has an austerity strategy but no growth strategy. - in Transitions Online

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Chinese Slowdown

Chinese growth measured as q/q SAAR - rather than y/y as reported - was most likely only 6.9%, a very sharp slowdown - (Source: Nouriel`s Twitter)

Related, iShares FTSE/Xinhua China 25 Index ETF (FXI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

EU: Without A Much Easier Monetary Policy...

Without a much easier monetary policy and a less front-loaded mode of fiscal austerity, the euro will not weaken, external competitiveness will not be restored, and the recession will deepen. And, without resumption of growth – not years down the line, but in 2012 – the stock and flow imbalances will become even more unsustainable. More eurozone countries will be forced to restructure their debts, and eventually some will decide to exit the monetary union. - in www.sundayszaman.com

Related, iShares MSCI Spain Index ETF (EWP), iShares MSCI Italy Index ETF (EWI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 15, 2012

Eurozone Periphery: The Credit Crunch Is Intensifying

The credit crunch in the eurozone periphery is intensifying: thanks to the ECB long-term cheap loans, banks there don't have a liquidity problem now, but they do have a massive capital shortage. - in Project Syndicate

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Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 14, 2012

Eurozone: The Recession Will Worsen Throughout This Year

Interest-rate spreads for Italy and Spain are widening again, while borrowing costs for Portugal and Greece remained high all along. And, inevitably, the recession on the eurozone's periphery is deepening and moving to the core, namely France and Germany. Indeed, the recession will worsen throughout this year, for many reasons. - in The Guardian

Related, iShares MSCI Germany Index Fund ETF (EWG)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 13, 2012

Eurozone's Periphery: The Euro Would Have To Fall To Parity With The US Dollar To Restore Competitiveness

While über-competitive Germany can withstand a euro at – or even stronger than – $1.30, for the eurozone's periphery, where unit labor costs rose 30-40 percent during the last decade, the value of the exchange rate would have to fall to parity with the US dollar to restore competitiveness and external balance. - in The Guardian Blog

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 11, 2012

Spain's Industrial Production Is Free Falling

Spain's industrial production is free falling and the draconian fiscal austerity will make its recession much worse...

(Source: Roubini`s Official Twitter)

Related, IBEX 35 Index, iShares MSCI Spain Index ETF (EWP)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 9, 2012

Views On The Unemployment Rate Drop

The unemployment rate fell only because many discouraged workers who cant find jobs left the labor force. The participation rate fell! - in Nouriel`s Official Twitter

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 4, 2012

Euro Zone Needs A Divorce

Like a marriage that no longer works, the euro zone should accept its fate, split up and get divorced, according to Roubini Global Economics. - in MoneyControl

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 3, 2012

The Periphery Needs To Have The Euro Closer To Parity With The U.S. Dollar

"The euro zone needs a real depreciation in the periphery to achieve the restoration of growth, external balance and competitiveness.

The periphery needs to have the euro closer to parity with the U.S. dollar." - in a conference in Como, Italy

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Apr 2, 2012

Euro Needs to Be Weaker


Latest CNBC video interview.

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.
"I still see a very anemic U.S. economic recovery." - in CNBC

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.