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. Den Rest des Beitrags lesen »
Posts Tagged ‘Roubini’
Posted by hkarner - 1. Oktober 2015
Posted by hkarner - 4. September 2015
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) 4/9/2015
Posted by hkarner - 19. August 2015
Monday, August 17, 2015
Posted by hkarner - 4. August 2015
Saturday, August 1, 2015
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. Den Rest des Beitrags lesen »
Posted by hkarner - 27. Juli 2015
NEW YORK – Even in normal times, individual and institutional investors alike have a hard time figuring out where to invest and in what. Should one invest more in advanced or emerging economies? And which ones? How does one decide when, and in what way, to rebalance one’s portfolio?
Obviously, these choices become harder still in abnormal times, when major global changes occur and central banks follow unconventional policies. But a new, low-cost approach promises to ease the challenge confronting investors in normal and abnormal times alike.
In the asset management industry, there have traditionally been two types of investment strategies: passive and active. The passive approach includes investment in indices that track specific benchmarks, say, the S&P 500 for the United States or an index of advanced economies or emerging-market equities. In effect, one buys the index of the market. Den Rest des Beitrags lesen »
Posted by hkarner - 20. Juli 2015
Nouriel Roubini, the renowned economist known as Dr Doom, told FTfm the consequences of Greece leaving the euro would be “catastrophic” for the global economy.
Mr Roubini, a former senior adviser to the White House, said that if Greece left the eurozone, the fallout would be far wider than the inevitable pain for the Greek economy.
“It will not happen because the consequences would be too terrible,” he said.
Greece has reached an uneasy deal with its creditors to prevent it crashing out of the eurozone.
Mr Roubini, known as Dr Doom for his predictions on the US housing crash and global financial crisis, said the biggest danger of a Greek departure would be that Greece’s ties with Russia would grow stronger. He said this could enable Russia to regain influence in the Balkans at a time when its dealings with Ukraine is already a concern for politicians.
He said: “We could see Russian influence extending in the Balkans again.” Den Rest des Beitrags lesen »
Posted by hkarner - 6. Juli 2015
Saturday, July 4, 2015
The man who called the 2008 financial crisis is sounding the alarm about what may cause the next one.
Nouriel Roubini, who has been dubbed „Dr. Doom“ for his dark predictions, warned in an Op-Ed in The Guardian on Monday about the existence of a „liquidity time bomb“ that he fears will eventually „trigger a bust and a collapse.“
The New York University economist joins a growing number of observers who are worried about the issue. Liquidity is the lifeblood of financial markets. It measures how easy it is for investors to quickly sell stocks and bonds. When investors get fearful but can’t sell their stocks, it causes even more panic. Den Rest des Beitrags lesen »
Posted by hkarner - 29. Juni 2015
Friday, June 26, 2015
Posted by hkarner - 1. Juni 2015
Source: Project Syndicate
Nouriel Roubini, a professor at NYU’s Stern School of Business and Chairman of Roubini Global Economics, 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.
NEW YORK – A paradox has emerged in the financial markets of the advanced economies since the 2008 global financial crisis. Unconventional monetary policies have created a massive overhang of liquidity. But a series of recent shocks suggests that macro liquidity has become linked with severe market illiquidity.
Polist interest rates are near zero (and sometimes below it) in most advanced economies, and the monetary base (money created by central banks in the form of cash and liquid commercial-bank reserves) has soared – doubling, tripling, and, in the United States, quadrupling relative to the pre-crisis period. This has kept short- and long-term interest rates low (and even negative in some cases, such as Europe and Japan), reduced the volatility of bond markets, and lifted many asset prices (including equities, real estate, and fixed-income private- and public-sector bonds). Den Rest des Beitrags lesen »