cnbc.com - 7/20/2009
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Nouriel Roubini, the economist whose dire forecasts earned him the nickname "Doctor Doom", told CNBC Monday that the economic recovery is going to be "very ugly." "The recovery is going to be subpar," Roubini said. "I see a one percent growth in the economy in the next few years. There will also ...
rgemonitor.com - 7/16/2009
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rgemonitor.com —
“It has been widely reported today that I
have stated that the recession will be over 'this...
year' and that I have 'improved' my economic outlook. Despite those reports - however – my views expressed today are no different than the views I have ...
(more)
Roubini Statement on the U.S. Economic Outlook
cnbc.com - 7/16/2009
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cnbc.com —
Nouriel Roubini, the economist whose dire forecasts earned
him the nickname "Doctor Doom," said after markets closed...
Thursday that earlier reports claiming he sees an end to the recession this year were "taken out of context." "It has been widely ...
(more)
Roubini: Views on Economy Unchanged Despite Reports - ...
economistsview.typepad.com - 7/24/2009
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economistsview.typepad.com —
The debate over the shape of the recovery
continues unabated. Equities, at least this week, are voting...
in favor of the V-shaped recovery, with the Dow pushing past the 9,000 mark for the first time since January. Never one to accept good news at face ...
(more)
The Debate Continues
Comments
Blog Reactions
Roubini: Slow Recovery, Double Dip Recession Possible
Calculated Risk —
From CNBC: Roubini: Economic Recovery to Be 'Very Ugly' "The recovery is going to be subpar," [Nouriel] Roubini said. "I see a one percent growth in the economy in the next few years. There will also be 11 percent unemployment next year and the recovery is going to be slow. It's going to feel like a recession even when it ends." ... When asked about the economy Monday, Roubini said, "We may be out of a freefall for the financial system," said Roubini. "We have seen the worst in that sense. But in my view there is a sluggish U shaped recovery that might go into ...
Write-Offs: 07.20.09
Dealbreaker —
... will ever come close to fetching as much as this. That's not the most depressing part of this story however, which is: "Lehman will open a retail shop next week at its 1271 Sixth Ave. office" [Bloomberg]
$$$ IRS Agent Threatens to Kill Treasury Agents Then Throws a Conniption Fit [Going Concern]
$$$ The Private Jet Backlash [Daily Intel]
$$$ In Spain, Bank Robberies On The Rise [NYT]
$$$ Roubini: Economic Recovery to Be 'Very Ugly' [CNBC] ...
Tuesday morning links
The Mess That Greenspan Made —
... Rally's new tune: Don't worry, be happy - CNN/Money • China gold reserves to boost bullion market: GFMS - Commodity Online • NatGas in the crosshairs: Got Gold Report - StockHouse • Hoping for a Breakout? Some Things to Consider - greenfaucet • “The Speculators ARE the Heroes!” - Saut, Raymond James • Is GLD A Good Deal? - Hard Assets Investor ECONOMY • The LEI Says "RECOVERY!" - ClusterStock • Roubini: Economic Recovery to Be 'Very Ugly' - CNBC • Stores Go Dark Where Buyers Once ...
A look at the recovery
macroblog —
... at a meeting of the Nashville, Tenn., Rotary Club:
"The economy is stabilizing and recovery will begin in the second half. The recovery will be weak compared with historic recoveries from recession. The recovery will be weak because the economy must make structural adjustments before the healthiest possible rate of growth can be achieved."
This quote was noted by Rebecca Wilder at News N Economics, along with similar sentiments from Nouriel Roubini and Mary Daly at the Federal Reserve Bank of San Francisco. You might add ...
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Roubini: View of Economy Softening, Slightly
blog.ockhamresearch.com 10/2/2009 — Nouriel Roubini has seen his star rise faster than almost anyone after predicting a deep recession during what was hailed by some as the “goldilocks” economy of 2006-2007. The so-called “Dr. Doom” is now a legitimate superstar and his words carry a lot of ...
Nouriel Roubini, the Prophet
crossingwallstreet.com 8/21/2009 — I think I've been too critical of Nouriel Roubini. He's a very bright guy and well worth listening to. However, as Damien Hoffman points out, Roubini wasn't exactly perfect on predicting the credit crisis.
As we can see, in March 2005 Roubini ...
CNBC denies culpability in Roubini as bull saga
nakedcapitalism.com 7/18/2009 — Submitted by Edward Harrison of Credit Writedowns . I just read a CNBC story which fails to mention CNBC’s involvement in the apparently erroneous report that Nouriel Roubini has suddenly become more bullish. Is this omission justified? ...
How Low Can the Stock Markets Go? Much Lower
rgemonitor.com 5/20/2009 — Green shoots or yellow weeds? A trifecta of risks to the early bottoming out of the recession and short-term economic recovery and to the medium-term actual and potential growth prospects of the global economy by Nouriel Roubini 2009-05-19 05:52:00 ...
The Roubini Portfolio
crossingwallstreet.com 3/16/2009 — The FT uncovers Roubini's investment strategy:
Just ask Nouriel Roubini of New York University, who has a reputation as the most pessimistic economist in academe. He deserves it. His most recent paper, published last week, is entitled: “Can the ...
Stocks Are Wrong But Roubini Is Right
crossingwallstreet.com 10/5/2009 — Bloomberg quotes Nouriel Roubini , “Markets have gone up too much, too soon, too fast.” Well, that’s one way of putting it.
I think it’s more accurate to say that Roubini’s forecasts were too bearish for too long.
So how’s the market been doing ...
The Double Dip: Roubini Tries To Stay Relevant – 24/7 Wall St.
247wallst.com 8/24/2009 — Geithner Nouriel Roubini became just like every other economist recently. He said that the recession was ending. He may believe that the recovery will not start as quickly as other experts, but his love of pessimism seems to have deserted him. Roubini ...
Nouriel Roubini - The 2009 TIME 100
time.com 4/30/2009 — Nouriel Roubini was right. At a time when the likes of Alan Greenspan were dismissing concerns about excessive home prices and declaring that banks were stronger than ever, Roubini warned that there was a monstrous bubble in the housing market and ...
Roubini On U Shaped Recovery: More Statemanlike or Less Certain?
nakedcapitalism.com 8/25/2009 — Nouriel Roubini verged on apocalyptic during the course of the crisis, and was proven largely right. Now that he has softened his stance, some have accused him of moderating his tone as a result of his much higher profile. While that's possible, a ...
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