-
Professor Gloom And Doom Is Back
Wednesday, September 29, 2010 - 7:35pm | 116Professor Nouriel Roubini is predicting more financial trouble for world economies. The man whose nickname is Dr. Doom is forecasting that economies around the world will suffer more financial crises like the most recent one over the next decade. Roubini stated that "nothing has changed...
-
Nouriel Roubini Is Wrong, And He Gets Defensive
Wednesday, September 15, 2010 - 10:27am | 76Dr. Doom Nouriel Roubini was recently questioned by a member of the main stream media for being wrong about the stock market rally of 2009, among other things. Watch the video as he stutters and stammers when questioned by the interviewer. Get real-time news and stock alerts by following Benzinga...
-
Steady As She Goes: Rail Traffic Highest Of The Year (NSC, CSX, UNP)
Thursday, September 9, 2010 - 3:26pm | 263Rail traffic continues to defy gravity, posting its 2nd highest traffic week of the year. Last week, traffic was at 690,000 cars versus the 692,000 the week before. In the Association of American Railroads (AAR) weekly report, the AAR said: “The Association of American Railroads (AAR) today...
-
Dr. Doom Roubini Sees Ugly Q3 Growth, Douple Dip Odds Increasing
Wednesday, August 25, 2010 - 3:05pm | 160Dr. Doom is at it again. Nouriel Roubini just said in a tweet that Q3 GDP growth is likely to come in at well less than 1%, indicating a sharp downturn in the economy. He also says it may be much closer to 0% growth, rather than 1%. As a result of this, he sees the chances of a double dip...
-
Nouriel Roubini Feels Pan-European Stress Tests Not Tough Enough
Monday, July 26, 2010 - 9:55am | 305In an article on CNBC, Nouriel Roubini, economist and chairman of Roubini Global Economics, said that the stress tests done on the pan-European banking sector were “not tough enough to reflect future worsening conditions for the continent's economy.” The European stress tests were based on an...
-
Doug Kass' Q&A With Nouriel Roubini
Monday, July 19, 2010 - 2:32pm | 378TheStreet.com's Doug Kass attended Nouriel Roubini's talk at the Summer Institute lecture series at the Jewish Center of the Hamptons on Sunday. According to Kass' article on the event, Roubini gave his standard talk: The U.S. is entering either a "U" (at best) or a "W" (at worst) shaped recovery....
-
Nouriel Roubini Speaks To Fox Business Network About Too Big To Fail
Monday, June 28, 2010 - 5:46pm | 253Nouriel Roubini, noted New York University economics professor and Chairman of Roubini Global Economics, spoke to Fox Business Network's Liz MacDonald and Charlie Gasparino about his call to break up banks and "too big to fail." Excerpts are included below courtesy of Fox Business Network. On his...
-
Yoshikami Counters Dr. Doom’s Prophecy Of A Further 20% Fall
Monday, May 24, 2010 - 3:25pm | 312In an article on CNBC, Michael Yoshikami, President & Chief Investment Strategist of YCMNET Advisors advises caution in the ‘investment strategist world.’ Although economies worldwide are recovering, treading ahead is going to be tough. Some of the pullbacks will be deficits, excess...
-
Roubini Believes That Stocks Will Fall Another 20%
Monday, May 24, 2010 - 3:20pm | 367According to an article on CNBC, Nouriel Roubini, head of Roubini Global Economics, believes that stocks will continue their losing streak led by the weakening world economy and are likely to plunge an additional 20%. With the markets stepping into the correction territory last Thursday, Roubini...
-
Nouriel Roubini Ponders Over Financial Reforms’ Inability To Cage Crisis
Wednesday, May 19, 2010 - 2:26pm | 406In an article on CNBC, economist Nouriel Roubini said that the current reforms being brought about in financial regulations are “cosmetic” and will do no good in preventing another crisis in the future. The economist, who is an NYU professor, was addressing an audience at the London School of...
-
Nouriel Roubini Tells Fox Business Network, U.S. Economy Is Unsustainable
Thursday, May 13, 2010 - 1:14pm | 624RGE President Nouriel Roubini told FOX Business Network’s (FBN) Neil Cavuto that the US deficit is unsustainable, that there’s a need for the VAT tax, and that the implicit bill is huge. Roubini, who has been called Dr. Doom because of his bearish predictions, was one of the first voices of warning...
-
Nassim Taleb Talks Options, Markets, Debt
Wednesday, May 12, 2010 - 1:23pm | 306Nassim Taleb, the author of “The Black Swan,” was just interviewed on CNBC talking markets, debt, and his self-imposed exile. The author, trader, and advisor was fast to dismiss any mention of the “Flash Crash” last week, saying that he “Does not have enough facts to talk about Thursday’s events...
-
Roubini On Markets, Greece, & Japan
Friday, May 7, 2010 - 10:13am | 163Economist and perpetual bear, Nouriel Roubini, from RGE Monitor, was on CNBC this morning prognosticating about the market’s crash yesterday, as well as the Greek debt crisis. He said, “Despite Thursday's unexplained surge in selling that drove the Dow down 900 points, the stock markets are being...
-
It's Time To Permanently Ignore Roubini (BAC, C, NBG)
Thursday, April 29, 2010 - 1:35pm | 257Look, I'm not going to say I'm smarter than Nouriel Roubini. I'm sure he's of superior intellect and a great economist, but as an investor, he could prove disastrous if you take his advice. During the height of the financial crisis last year, I believe Roubini declared that most U.S. banks were "...
-
Debate On China’s Exchange-Rate Policy Continues
Wednesday, April 14, 2010 - 6:48pm | 393According to a report by Bloomberg, the U.S. Treasury Secretary, Timothy Geithner, has said that China is more likely to move towards a flexible currency policy as its current policy of pegging the yuan against dollar limits its ability to conduct monetary policy. Speaking at an American Society of...