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Economy to get worse with debt hitting $12 trillion
in Sox First, on November 18, 2009
...igh levels of unemployment which are expected to keep growing. Not surprisingly, Dr Doom economist Nouriel Roubini warns the worst is yet to come with job losses expected to continue until the end ...
Waiting for the crash
in Sox First, on November 2, 2009
...t be time to wonder whether we are headed for another major bust. That's the warning from economist Nouriel Roubini in the Financial Times where he says the marked rally in risky assets - equities,...
Double dip recession looming
in Sox First, on August 24, 2009
... likelihood of this being a W-shaped recession, that we are headed for the double dip. Now Dr Doom Nouriel Roubini warns that a double dip looks increasingly likely. Writing in the Financial Times ,...
Headed for the double dip
in Sox First, on August 20, 2009
...ff inflation." If that were to happen, we could well be in for the double dip. As economist Nouriel Roubini writes, we could be looking at a "phantom recovery". And as he says, any ...
Bernanke on the US economy: read between the lines
in Sox First, on July 23, 2009
... at least the next two years and financial conditions will remain stressed. This is in keeping with Nouriel Roubini's views, outlined in yesterday's blog , that the recovery is going to be ve...
Roubini: the recovery will be ugly
in Sox First, on July 21, 2009
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Stocks might be rising with economist Nouriel "Dr Doom" Roubini saying that the worst of the financial crisis is over but the optimism seems to be misplaced. First, his comments don...
Recession and repression
in Sox First, on July 16, 2009
...t doing that until they feel secure at work and their mortgages are not under water. As economist Nouriel Roubini reminds us, even if the economy stops contracting it will not necessarily signify t...
Another stimulus package
in Sox First, on July 6, 2009
...lk of money." Biden seems to be stating the bleeding obvious. Significantly, economists like Nouriel Roubini , Paul Krugman and Warren Buffett have made it clear that the US needs a second...
The slow recovery
in Sox First, on June 17, 2009
...l concedes that the balance of the risks is tilted towards the downside. Downside indeed. Dr Doom, Nouriel Roubini who predicted the financial crisis has told Bloomberg that the optimists are getti...
Economists predict recession ends this year. As if!
in Sox First, on May 27, 2009
...te profits and inflation - all remain dreadful. Consumers can dream all they want." Economist Nouriel Roubini predicts that the US will have sub-optimal growth for two years and that there is ...
Krugman, Soros and Roubini: how to fix the crisis
in Sox First, on May 26, 2009
...bath with comments from a team that includes financier George Soros and economists Paul Krugman and Nouriel Roubini. Krugman says he is concerned about the long run solvency of the US Government, rac...
Bad retail figures expose recovery myth
in Sox First, on May 14, 2009
...cause of the US Government's wimpish "half-measures". Writing in Forbes , economist Nouriel Roubini suggests the so-called green shoots might actually be yellow weeds. "While ther...
Testing stress tests
in Sox First, on May 5, 2009
...d the entire financial system is still addicted to taxpayer cash," Gilbert writes. Economist Nouriel Roubini argues that the stress tests are actually "fudge tests" because they are ...
Nouriel Roubini: we're not even at the bottom yet
in Sox First, on April 27, 2009
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Anyone who thinks we have seen the worst of the recession should think again. Dr Doom, Nouriel Roubini says we haven't even hit the bottom yet. In this interview with Newsweek , Roubini says...
Are economists to blame for the financial crisis?
in Sox First, on April 24, 2009
... much are economists to blame for the financial crisis? Most of them, with perhaps the exception of Nouriel Roubini and Robert Shiller, failed to see the weaknesses in financial markets. They just did...
Another sucker's rally
in Sox First, on April 22, 2009
...t starts trading higher? If the experts are right, it's just a sucker's rally. As Dr Doom, Nouriel Roubini told Steve Forbes in this interview , the extent of the contraction might have been...
Back door bank nationalisation
in Sox First, on April 20, 2009
...anks. Nationalization is not just a plan pushed by economists such as Nobel laureate Paul Krugman, Nouriel "Dr Doom" Roubini and former World Bank chief economist Joseph Stiglitz. Other hig...
More bad news ahead, says Roubini
in Sox First, on April 8, 2009
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Don't listen to the talk about "green shoots" in the US economy. Dr Doom, Nouriel Roubini, is expecting more bad news. All the stimulus packages are doing, he says, is slowing down...
Recession to last three to five years
in Sox First, on March 10, 2009
...I said that 2010 to 2012 and that it would continue on and off until mid to late 2012. Now Dr Doom Nouriel Roubini, the man who predicted this financial crisis, is saying it will run three years ta...
Are we headed for a Depression?
in Sox First, on March 5, 2009
...eige Book says there could be a recovery in 2010. Yeah right, don't hold your breath. Economist Nouriel "Dr Doom" Roubini has told Time Magazine says that in a perfect world and assumi...
The Bernanke-Obama dance
in Sox First, on February 25, 2009
...zation, published in the Barry Ritholtz Big Picture blog , is growing. It includes Alan Greenspan, Nouriel Roubini, Nancy Pelosi, and Paul Krugman. One thing for sure: even if you dress national...
Greenspan wants to nationalize banks
in Sox First, on February 19, 2009
...ek, I did a blog entry that said US banks were insolvent and quoting Dr Doom, economics professor Nouriel Roubini, saying that the only answer is to nationalize the US banks. Now we have the high p...
Banks are insolvent
in Sox First, on February 13, 2009
...ackage. According to the New York Times reports, Stern School of Business professor of economics Nouriel Roubini, Dr Doom himself, has warned that total losses on loans by American financial firms ...
Wall Street to Obama: the banks are insolvent
in Sox First, on January 21, 2009
... by Citigroup, Bank of America, JP Morgan Chase, Morgan Stanley and Well Fargo. Dr Doom, economist Nouriel Roubini who predicted the economic meltdown has warned that the US banks are effectively i...
The year ahead: what to expect?
in Sox First, on January 1, 2009
...eally knows. Still, there are some forecasts worth looking at. A sobering prediction from Dr Doom, Nouriel Roubini, which you can watch on this video published The New Republic . He predicts a deepe...
Recession: the worst is yet to come
in Sox First, on November 13, 2008
...is unlikely to recover before 2010 or 2001, warns Morgan Stanley Asia Chairman Stephen Roach and Nouriel Roubini . Earlier this year, I did a blog entry looking at what "letter" shape ...
China: the next domino
in Sox First, on November 5, 2008
...on, order books are being cut in China. And that signals disaster for the global economy. Dr Doom, Nouriel Roubini, warns that China is now headed for a hard landing. As for the recent pick up in s...
Obama or McCain? Which will be better for markets
in Sox First, on November 4, 2008
...ything that's been doled out to date. Bloomberg reports that economists Martin Feldstein and Nouriel Roubini say the economic stimulus package will may have be enormous, starting at about doubl...
How long will the recession last?
in Sox First, on October 23, 2008
...ut in any case, it won't be short and sharp as occurred in 1991 and 2001. Meanwhile, economist Nouriel Roubini says two years. So what do we make of the different predictions? However long it ...
Forecasts of the economic disaster
in Sox First, on October 13, 2008
...he ones who predicted the economic firestorm. They include New York University economics professor Nouriel Roubini ("A 1987 style stock market crash could occur leading to further panic and seve...
Can the bailout fix things?
in Sox First, on September 29, 2008
... it work? Will it actually save the US economy? Will it save businesses from going under? Dr Doom, Nouriel Roubini says the only thing it will do will be to help bank shareholders and unsecured cre...
The tanking banks
in Sox First, on September 15, 2008
...pan has warned that "we will see other major financial firms fail". Meanwhile economist Nouriel Roubini has warned we could see a run on the investment banks. "It's clear we'...
US recession? Depends how you define it
in Sox First, on August 26, 2008
...hat the data suggests something else. Maybe the recession is taking a long time arriving. Doomsayer Nouriel Roubini says the odds of a recession have gone up to 70%. And he warns that things are abo...
Hard times: why history is no guide
in Sox First, on April 25, 2008
...d it be a U, V, W or L-shaped? RGE Monitor chairman and New York University professor of economics Nouriel Roubini writes that the US could face a double-dip, W-shaped recession with the tax rebate...
Money to burn: UBS and the banking strategy crisis
in Sox First, on April 25, 2008
...s fail faster, harder, and more intensely than anyone dreamt possible. "How? By building what Nouriel Roubini and Paul Krugman have aptly called a shadow financial system: a parallel value chain...
The Fed, the Bear and moral hazard
in Sox First, on March 25, 2008
... bad situation worse," she says in her Banking Law Prof blog . New York University professor Nouriel Roubini concurs and has told Investment News it's a dangerous development and we have ...
The market talks to the Fed
in Sox First, on January 31, 2008
The Fed's one-two punch, cutting rates by half a percentage point , will not do the trick. The aim of the Fed is make it easier for business with better credit and cheaper money. But shortly after, Standard & Poor's spoiled the party by signalling it might lower its ratings on $53...
Will the Fed avert a recession and other questions
in Sox First, on January 24, 2008
After the Monday Massacre of global stock markets , Asian markets have rallied and the Australian market ended its losing streak with the biggest one day gain since last August after the Fed's surprising rate cut. So the Fed has stopped, at least for now, a global rout but fears ...
Will subprime trigger a recession?
in Sox First, on January 1, 2008
...share price will go past $1000 and and oil will hit $100 a barrel. On the other side of the fence, Nouriel Roubini, professor of economics at New York University's Stern School of Business and th...
Wall Street to be hit by a Level Three Storm
in Sox First, on November 8, 2007
...use many Wall Street firms are likely to have level three assets that exceed their equity base. As Nouriel Roubini points out in his blog , Citigroup's level three to equity ratio is 105 per cen...




