Maria Bartiromo's Investor Agenda
RECENT POSTS
MARIA BARTIROMO'S WALL STREET NEWSLETTER
MOST SHARED
- Homes Prices Drop 2% to Post-Crisis Lows: Case-Shiller
- Consumer Confidence Has Biggest Drop in Eight Months
- Stocks Advance, Led by Energy; FB Down 5%
- Spain to Go to Market to Fund Banks, Regions
- State Fund Rejects ‘Unaccountable’ Chesapeake Board
- Greece to Leave Euro Zone on June 18: Wealth Manager
- Auto Sales to Really Take Off This Summer?
- European Firms Plan for Greek Unrest and Euro Exit
- JPMorgan Debacle Points to Regulatory Incompetence, Corruption
- June Could Be Turning Point for Markets, Economy
- Facebook Options Soar on First Day
- Home Prices Hit Lows, But 'We See Signs of Hope'
- Auto Sales to Really Take Off This Summer?
- JPMorgan Debacle Points to Regulatory Incompetence, Corruption
- Are You Ready for Facebook Options?
- Option Bulls Dig Into Ivanhoe Near Lows
- Facebook: The Song — Yes, We're Serious
- A New Look at the ‘New Poor’
- Six Pack: Beer Buzz of the Week
- June Could Be Turning Point for Markets, Economy
- Spain to Go to Market to Fund Banks, Regions
- JPMorgan Sells Good Assets to Offset 'London Whale'
- Big Shift in ECB Balance Sheet a Sign of Banking Stress?
- Leaving Euro a ‘Disaster’ for Greece: Former Minister
- Why a Strong Dollar Doesn't Mean a Cheap Europe Trip
- Cramer's Top Dividend Plays
- State Fund Rejects ‘Unaccountable’ Chesapeake Board
- Madoff Case Is Paying Off for Trustee ($850 an Hour)
RSS FEED
Roubini Predicts 'Perfect Storm' in 2013
CNBC Senior Producer
Veteran and well-known economic forecaster Nouriel Roubini sees the “perfect storm” in 2013.
![]() |
Getty Images |
As for China, Roubini is calling for a “hard landing.” Turning to Europe, Roubini said Ireland and Portugal will need to restructure their debt. "With every economy in the world pushing problems in the future," Roubini said, "all will come to a head in 2013."
When asked about the strength in corporate earnings and whether it will continue to be a bright spot for the U.S. economy, Roubini told Bartiromo it will eventually be impacted. On top of that, Roubini expects a massive fiscal drag in 2012.
Looking ahead to Friday's jobs report for the month of June, Roubini told Bartiromo to expect weak numbers, with labor force participation at its "lowest level in the last 30 years."
Donna Burton contributed to this article
_____________________________
_____________________________
Questions? Comments? Write to










