Nouriel Roubini

Global financial markets traded in a risk-off mode on Monday morning, following the release of the U.S. employment report on Friday. Spanish 10-year yields have risen to 7.07 percent as traders worry that the new direct bank recapitalization may take too long to be implemented. Also, fears over the...

The euro/U.S. dollar spot rate hit its lowest level in about two years during Friday's session. The ever increasing concerns over the European debt crisis have caused the Euro to slide lower and also sparked speculations that the Economic and Monetary Union might be falling apart. The rumors of a...

Nouriel Roubini and Ian Bremmer of Eurasia Group appeared on “Bloomberg Surveillance” with Tom Keene, Sara Eisen and Ken Prewitt today to discuss Europe's debt crisis. On Germany bailing out other euro zone countries, Roubini said, “The Germans say, ‘you lost your virginity. Now you sign a...

US stock futures are higher this morning, recouping some losses from yesterday when we saw a 2% reversal in stocks to close on the absolute lows. Stocks opened on high's yesterday, as traders hoped that the Spanish bailout would be a real game changer. However, fears soon rose over the amount of...

On Monday, ISM Non-Manufacturing Composite for the month of November printed at 52.0, down from the prior reading of 52.9 and well below expectations of 53.8. The reading is a broad-based assessment of the state of the service sector in the US. Of its subcategories, the reading for employment...

In another testament to the fallacies and disastrous effects of Marxism in practice, Cuba announced on Thursday that citizens will soon be permitted to sell and purchase real property. The Associated Press is reporting that "the law will take effect Nov. 10 and applies to citizens living in Cuba...

In recent weeks, more and more investors and market commentators have come to question the continuing prospects of China's economic growth. As China's stock market has hit new lows, the idea that China could continue to expand its economy at its current pace has come into doubt. Historically,...

Stocks are at the lowest levels of the session, with a good chunk of the down move coming in the last few minutes. At last check, the Dow was off 170 points, the NASDAQ is off 48 points, and the S&P 500 is off 17 points.

It seems as though Chinese stock frauds have dominated the news in recent weeks. Even CNBC viewers are aware of the collapse of such companies as Sino Forest, RINO, and China Media Express. After scathing reports and fraud allegations by research firms like Muddy Waters, these companies have seen...

Nouriel Roubini, chairman of Roubini Global Economics, told CNBC on Friday that recapitalizing Irish banks would be a mistake if it interfered with its own financing concerns. It's expected that the European Central Bank, the Irish Central Bank and Irish government will fund a pool to assist...

Nouriel Roubini is finally coming around, saying that he expects the U.S. to grow at a reasonable rate next, predicting 2.7% growth in 2011. Roubini has said that the U.S. needs a weaker dollar to continue boosting growth, or our exports will cease to be competitive with the rest of the world.

Nouriel Roubini is on CNBC and he says that America is a fiscal train wreck. He says entitelemnt costs need to be reformed, such as Medicaid, Medicare and Social Security. He says the U.S. will lose 3 trillion in revenues over next 10 yrs due to Bush tax cuts. Roubini says the current gridlock in...