Roubini Interview on Markets, Global Economy

By Barry Ritholtz - October 5th, 2009, 7:30AM

Nouriel Roubini, the New York University professor who accurately predicted the financial crisis, talks with Bloomberg’s Francine Lacqua about the prospects for stock and commodity markets. Roubini, speaking yesterday in Istanbul, also discusses the outlook for the U.S. and global economies, financial regulation, and Ireland’s decision to endorse the European Union’s new governing treaty.

click for video at Bloomberg site

Oct. 4 (Bloomberg)

PERMALINK
Category: Video.

Comments are closed.

Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith

Macro Notes

Retail sales mixed relative to expectations
Peter Boockvar

Retail Sales in Jan rose .4% headline m/o/m, .7% ex auto's, .6% ex auto's and gasoline and .7% at the core. The headline figure was less than expected while the rest were slightly better. But, with respect to non headline sales, because Dec figures were revised lower, taking the two months together were about in line with forecasts overall. Sales rose in electronics, building materials, food/beverages, clothing, sporting goods, dept stores and restaurant/bars and fell interestingly for online retailers, health/personal care, furniture and motor vehicle/parts. Bottom line, headline sales were below expectations due to the greater than expected fall m/o/m...

read more »