Comments from Nouriel Roubini across Bloomberg headline: FOMC composition changing, becoming more hawkish Date of first rate hike is the biggest dilemma for the Fed Fed tapering is priced in but rate increase is not Fed will probably start raising … Continue reading
More from Nouriel Roubini (another Doctor Doom), this time outlining why he thinks gold is going to drop below $1,000 by 2015 (what is it with 2015 at the moment, I’m seeing all sorts of predictions/news way out to 2015, … Continue reading
Roubini doesn’t see an exit from QE any time soon, fed to stay the course through next year, then a slow exit. Maybe he’ll get this one right, who knows? Throw enough stuff against the wall, some its bound to … Continue reading
Gold is higher today but the $21 rise to $1410 is hardly the kind of gain that will make the gold bulls rich, or confident. Today is a perfect storm for gold bulls: the US dollar is tumbling and the … Continue reading
ECB could be more aggressive, do more QE Current approach to Euro zone crisis has not worked Core Europe should carry out fiscal stimulus Banking union, more integration needed Exit of Spain and Italy would end common currency Sound like … Continue reading
Don’t expect Italy to ask for aid before 2013 elections Greece and maybe Italy may need more time to repay debt Sees rays of hope in Europe relative to six months ago
Dr Doom being……………………………………..well Dr Doom
Roubini says the US will be ‘lucky’ to grow 2% this year and near-zero in 2013. That’s about as bullish as he gets.