Nouriel Roubini
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The Latest: Biden jokes, talks about future dangers in Davos
… that the Chinese currency will not drop as sharply as some fear because China has strong underlying public finances. Nouriel Roubini , an economist from New York University, claimed investors' reaction in recent weeks was overdone: "Markets tend …
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The Latest: China told to let more companies fail
… that the Chinese currency will not drop as sharply as some fear because China has strong underlying public finances. Nouriel Roubini , an economist from New York University, claimed investors' reaction in recent weeks was overdone: "Markets tend …
Audio & Video
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Financial Exchange- June 12… salaries to boost growth rather than insisting on austerity and continued saving. This according to famous economist Nouriel Roubini . He told this to a German newspaper in an interview. Within the last yeah that was sort of what's goal would tell …
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Lorraine Woellert, Bloomberg News Economy Reporter on Last Weeks Jobs ReportLorraine Woellert, Bloomberg News Economy Reporter on Last Weeks Jobs Report.
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What's Up On Wall Street - Jeff Cox, CNBC.com
Jeff Cox from CNBC.com tells us What's Up On Wall Street.
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Adam Johnson from Bloomberg TV on Nouriel Roubini's lack of optimism!
Nouriel Roubini stirred the pot a bit. Adam Johnson from Bloomberg TV tells us who he is and why he's such a ray of sunshine!
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What's Up on Wall Street - Julie Hyman, Bloomberg TV
Julie Hyman tells us What's Up on Wall Street. What's moving the markets? A little M&A activity.
Pages & Blogs
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Emergency Measures
The stalled economy has the White House searching for emergency measures that might provide some relief before the November elections . The White House press office on Thursday refused to say how much a financial package might be, other than to say it won’t be a “second stimulus .” But the administration will have a tough time selling nearly any package to terrified, Obama-phobic Hill Democrats who increasingly blame the president – and his ambitious, expensive legislative agenda – for their dismal prospects this November. It's taken them too long, but Democrats in congress now want nothing to do with Obama administration proposals that go against the best interests of the country. With a new unemployment report due out this morning, Dems are bracing for more bad news. Economists are bracing for a weak showing in the August employment report, which is scheduled to be released Friday. The private sector is forecast to add a net total of only 41,000 jobs, the fewest since January, which isn't enough to keep up with population growth. The jobless rate is expected to increase to 9.6 percent from 9.5 percent, the first rise since April. The silver lining of more ominous economic news will be the dramatic dismantling of the Democrats in Congress, and in state houses across the country, come November.
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Double Dipping?
Nouriel Roubini is the big thing in economists these days, and he says GDP numbers are likely to be closer to zero growth ..... in the economy have come as a result of inventory adjustments rather than growth in final sales, Roubini added.