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CNBC’s David Faber is reporting that Nouriel Roubini’s economic consulting firm is for sale. RGE, as it’s known, has grown quickly since its founding by Roubini, who is its chairman. It has over 85 employees, and is still losing money. According to people who have seen the offering book for the sale, the firm is [...] I am very careful about stealing stuff from my fellow bloggers, but here is one thing that I can’t pass up, thanks to Bob Wenzel who publishes the excellent blog, Economic Policy Journal, to which I subscribe. He reported that Nouriel Roubini, my favorite playboy economist, actually Tweeted that: In inflation tail risk virtual gold [...] My favorite playboy economist, Nouriel Roubini, has come out with a new analysis on the future of the economy that is very similar to what yours truly has been saying. Good stuff for your consideration: The curtain has opened on Act Two of our “Year of Two Halves”—RGE’s theme since the end of 2009—with the [...] This came this morning from RGE (Roubini Global Economics). Roubini has been forecasting a “double dip” — actually more of an “L”-shaped recovery. He sees 2% GDP in H2. He chides his fellow economists for their newly revised “consensus view.” As I mentioned most economists are sheep. And Roubini agrees with me. United States: Revisiting [...] By Jeff Harding. It has been my experience over my years of observing the financial markets and its prognosticators that economists seldom translate their correct views of the economy to investment success. I am speaking mostly of those economists who are not captive in-house economists, but those who toil in academia or sell research. I [...] |
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