Posted on March 5, 2010 by MoneyBob
U.S. Growth Outlook: Still Anemic and U-Shaped but Risks of a Double-Dip Recession Are Rising by Nouriel Roubini A slew of poor economic data over the past two weeks suggests that the U.S. economy in 2010 is headed for – at best – a U-shaped recovery. The macro news, including data on consumer confidence, home [...]
Filed under: Deflation, Dooms Day, Economy, Nouriel Roubini, Retirement, Stagflation, Thoughts, Work, economics | Tagged: Deflation, double dip, economics, Economy, L shaped, Nouriel Roubini, recovery, rge, u-shaped | Leave a Comment »
Posted on October 8, 2009 by MoneyBob
After a two-week decline which brought the Dow down 3.5%, the bulls are reasserting themselves to start this week. Building on Monday’s rally, global stocks were higher Tuesday amid renewed weakness in the dollar.In recent trading, the Dow was up 1.1% the S&P by 1.3% and the Nasdaq by 1.5%. Commodities rallied sharply, led by [...]
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, Gary Shilling, MoneyBob Postings, Nouriel Roubini, Paul McCulley, Yahoo Finance, economics | Tagged: Nouriel Roubini, Depression, George Soros | Leave a Comment »
Posted on February 13, 2009 by MoneyBob
On Nouriel Roubini’s Global EconoMonitor, Nouriel Roubini argues that it is time for ‘Plan N’, namely a nationalization of insolvent banking systems. The very cumbersome U.S. Treasury proposal to dispose of toxic assets – presented by Treasury Secretary Tim Geithner – can be best understood as a combination of removing toxic assets off the banks’ [...]
Filed under: Banking, Credit Crunch, Deflation, Depression, Dooms Day, Economy, Nouriel Roubini, economics | Tagged: Deflation, Depression, economics, Economy, Nouriel Roubini, RGE Monitor | Leave a Comment »
Posted on February 9, 2009 by MoneyBob
Unemployment Rate Jumped to 7.6% Jan 2009: Payrolls fell 598,000 (biggest monthly decline since Dec 1974) after falling by 577,000 in Dec and 597,000 in Nov 2008, Unemployment rate rose from 7.2% in Dec 2008 to 7.6% in Jan (a 16-yr high) Payrolls have declined 3.57 mn since start of the recession in Dec 2007 [...]
Filed under: Credit Crunch, Economy, Nouriel Roubini, Thoughts, Unemployment Rate, Work, economics | Tagged: economics, Economy, Lost Jobs, Nouriel Roubini, Payrolls, RGE Monitor, Unemployment Rate | Leave a Comment »
Posted on January 22, 2009 by MoneyBob
ALERT RGE Monitor January 22, 2009 RGE Monitor Estimates $3.6 Trillion Loan and Securities Losses in the U.S. Nouriel Roubini and Elisa Parisi-Capone of RGE Monitor release new estimates for expected loan losses and writedowns on U.S. originated securitizations: * Loan losses on a total of $12.37 trillion unsecuritized loans are expected to reach $1.6 [...]
Filed under: Bankruptcy, Credit Crunch, Deflation, Depression, Dooms Day, Economy, FDIC, Market History, MoneyBob Postings, Nouriel Roubini, economics | Tagged: business, economics, Economy, Life, Nouriel Roubini, Work | Leave a Comment »
Posted on December 22, 2008 by MoneyBob
RGE Content: Weekly Roundup RGE Lead Analysts | Nov 1, 2008 On Nouriel Roubini’s Global EconoMonitor, Nouriel Roubini warns that the worst in markets and economies is yet to come. On October 23rd, Nouriel predicted the potential shutdown of financial markets. A day later U.S. stock futures suspended trading after declines of more than 6% [...]
Filed under: Credit Crunch, Deflation, Dooms Day, Economy, Nouriel Roubini, Saving, economics | Tagged: Credit Crunch, economics, Economy, Nouriel Roubini | Leave a Comment »
Posted on November 28, 2008 by MoneyBob
Can Central Banks Go Broke? Fed Refuses To Disclose Collateral Composition And Recipients Of $2.8 Trillion Loans The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the U.S. GDP, to rescue the financial system since the credit markets seized up 15 months ago. Bernanke’s Fed is [...]
Filed under: Credit Crunch, Dooms Day, Economy, Nouriel Roubini, Retirement, Risk in Portfolio, Saving, The Fed, Treasury Department, US Dollar, economics | Tagged: Deflation, economics, Economy, finance, Life, Nouriel Roubini, Personal Thoughts, Recession, RGE Monitor, Work | Leave a Comment »