There have been some great forecasts and some awful ones over the past 25 years. Here is a look at some that shook the market.» Read More
Thursday was a big day for the euro. European Central Bank (ECB) president Mario Draghi unveiled a plan that could see the central bank buying up unlimited amounts of bonds in a move he believes makes the euro irreversible and will draw a line under the euro zone debt crisis. Markets reacted positively to the news, but as always with the euro zone debt crisis, there is a snag.
Nouriel Roubini, the economist known for his gloomy predictions, told CNBC Friday that he is still pessimistic on the outlook for the U.S. — and that he expects a further round of quantitative easing from the Federal Reserve in December.
Investors currently find themselves at yet another euro zone debt crisis crossroads and asking whether the ECB will end up underwriting the debt markets of Europe’s periphery.
A robust and self-sustaining U.S. recovery is not on the cards, and we should now expect below trend growth for many years to come, according to Nouriel Roubini, the economist famed for his bearish views.
Governments in Europe should lower taxes and increase salaries to boost growth rather than insisting on austerity and continued saving, famous economist Nouriel Roubini told a German newspaper in an interview on Tuesday.
Europe’s single currency was faulty from the start — and its creators knew it, Roubini Global Economics’ Gina Sanchez, director of equity and asset allocation strategy, told CNBC.
Spain will eventually need a bailout, as its heavy private debt burden is increasingly weighing on sovereign debt levels, Arnab Das, managing director of market research and strategy at Roubini Global Economics, told CNBC.
Discussing Nouriel Roubini's comments on the euro zone crisis, with Rick Reider, BlackRock CIO of fixed income; Pierre Lagrange, GLG Partners co-founder; Anthony Scaramucci, SkyBridge Capital founder; and CNBC's Scott Wapner.
Morgan Stanley is among one of the banks facing a short and long term debt downgrade by Moody's Rating Service. Discussing the trade on financials, with Eric Sprott, Sprott Assett Management CEO & CIO; Pete Najarian, TradeMonster.com co-founder; and CNBC's Scott Wapner.
CNBC's Gary Kaminsky offers insight on the SALT Conference.
With borrowing costs for the euro zone’s peripheral nations rising and a battle over growth versus austerity set to dominate politicians' attention, two leading contrarians have taken aim at the current policy response. 1st paragraph goes here
"The euro zone needs a real depreciation in the periphery to achieve the restoration of growth, external balance and competitiveness," economist Nouriel Roubini told CNBC at the Ambrosetti workshop in Italy.
The rally in stock markets has been a major theme in recent months, staying in the positive despite uncertainties, but a strategist at Roubini Global Economics has misgivings about the upside from here.
The red-hot Chinese economy is slowing, and the government is pushing back. This strategist has a way to play the tension.
Portugal is likely to be the next to restructure its debt and exit the euro zone, economist Nouriel Roubini predicted on CNBC Friday.
As the S&P 500 traded at its best levels since 2008 on Tuesday, Gina Sanchez of Roubini Global Economics said the upside potential may soon be exhausted.
Japan has a trade deficit and Australia has inflation - it's time for your FX Fix.
Famous economist Nouriel Roubini, credited for predicting the financial crisis, made a plea to policymakers to take the tough action needed to address current economic problems, in an article published on the Financial Times' website.
As European Union leaders prepare for yet another crisis summit meeting next week to discuss fundamental changes in economic governing, there are growing concerns that the latest potential approach will not be enough to stabilize the markets and preserve the euro. The NYT reports.
Italy's government debt is unsustainable and needs an orderly restructuring to avoid a disorderly default, economist Nouriel Roubini wrote on Tuesday.