Nouriel Roubini

On Monday, ISM Non-Manufacturing Composite for the month of November printed at 52.0, down from the prior reading of 52.9 and well below expectations of 53.8. The reading is a broad-based assessment of the state of the service sector in the US. Of its subcategories, the reading for employment...

In another testament to the fallacies and disastrous effects of Marxism in practice, Cuba announced on Thursday that citizens will soon be permitted to sell and purchase real property. The Associated Press is reporting that "the law will take effect Nov. 10 and applies to citizens living in Cuba...

In recent weeks, more and more investors and market commentators have come to question the continuing prospects of China's economic growth. As China's stock market has hit new lows, the idea that China could continue to expand its economy at its current pace has come into doubt. Historically,...

Stocks are at the lowest levels of the session, with a good chunk of the down move coming in the last few minutes. At last check, the Dow was off 170 points, the NASDAQ is off 48 points, and the S&P 500 is off 17 points.

It seems as though Chinese stock frauds have dominated the news in recent weeks. Even CNBC viewers are aware of the collapse of such companies as Sino Forest, RINO, and China Media Express. After scathing reports and fraud allegations by research firms like Muddy Waters, these companies have seen...

Nouriel Roubini, chairman of Roubini Global Economics, told CNBC on Friday that recapitalizing Irish banks would be a mistake if it interfered with its own financing concerns. It's expected that the European Central Bank, the Irish Central Bank and Irish government will fund a pool to assist...

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-...

Nouriel Roubini is finally coming around, saying that he expects the U.S. to grow at a reasonable rate next, predicting 2.7% growth in 2011. Roubini has said that the U.S. needs a weaker dollar to continue boosting growth, or our exports will cease to be competitive with the rest of the world.

Nouriel Roubini is on CNBC and he says that America is a fiscal train wreck. He says entitelemnt costs need to be reformed, such as Medicaid, Medicare and Social Security. He says the U.S. will lose 3 trillion in revenues over next 10 yrs due to Bush tax cuts. Roubini says the current gridlock in...

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...