Nouriel Roubini

In testimony today before the Senate Budget Committee, Federal Reserve Chairman Ben Bernanke, said that it will take 4-5 years to get back to normal unemployment. Bernanke defended QE2, and said that Congress needs to reduce the federal deficit. “We have seen increased evidence that a self-...

James Altucher was interviewed by Aaron Task and Henry Blodget, and Altucher said that the doom & gloom crowd, people like Dr. Nouriel Roubini, are wrong, and have been wrong for quite some time regarding their outlook on the markets. Our brains are hard-wired to look for danger," Altucher says...

Rail traffic rose to 692,500 rail cars last week, making it the best week in nearly two years. As indicated by this chart, rail traffic slipped during Labor Day, but has rebounded sharply as I had expected it would. As rail traffic has continued to increase, the rail stocks, in particular CSX (...

Rail 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 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...

In 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...

TheStreet.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, 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...

In 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...

According 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...