Archive for March, 2011
Business Insider: What Meredith Whitney Could Learn From Nouriel Roubini About Making Big Economic Predictions
From Business Insider:
“The rule on staying alive as a forecaster is to give ‘em a number or give ‘em a date, but never give ‘em both at once.”–Jane Bryant Quinn, Reader’s Digest, 1 Dec. 1980
Meredith Whitney broke the rule. This now haunts her to the point that she declined to appear before a Congressional committee that wanted to discuss Muni default issues. Nouriel Roubini is a skilled economist. He knows this rule. He, therefore, used modifiers to adhere to it.
Reuters — Nouriel Roubini, best known for predicting the U.S. housing meltdown, said he expects Japan‘s central bank to ease monetary policy further by buying more government debt in the wake of the earthquake. Roubini, one of Wall Street’s most closely followed economists, said the Bank of Japan (BoJ) would have to set aside more [...]
CNBC — Roubini on Japan and the Yen (Click for Video [5:56]) CNBC — Nouriel Roubini, Chairman & Co-founder of Roubini Global Economics explains why he thinks the yen should weaken in the long run.
From Project Syndicate:
Political turmoil in the Middle East has powerful economic and financial implications, particularly as it increases the risk of stagflation, a lethal combination of slowing growth and sharply rising inflation. Indeed, should stagflation emerge, there is a serious risk of a double-dip recession for a global economy that has barely emerged from its worst crisis in decades.
Bloomberg — Roubini: ‘Worst Time’
Bloomberg — Roubini Sees Double Dip for Advanced States If Oil Hits $140 Economic Times — Uncertainties to Impact Global Economy, Markets: Roubini Arabian Business — Middle East Economies Could Take ‘Decade’ to Recover All rights reserved, Roubini GlobalEconomics, LLC. Opinions expressed on RGE EconoMonitors are those of individual analysts and may or may not [...]