又一名浓眉大眼的熊军将领投降了

maserati

Roubini Now Says The Worst Of Economic Crisis Is Over

Published: Thursday, 16 Jul 2009 | 4:08 PM ET Text Size By: CNBC.com With Reuters

Nouriel Roubini, the economist whose dire forecasts earned him the nickname "Doctor Doom," is now saying that the worst of the economic and financial crisis may be over.

The New York University professor was quoted by Reuters on Thursday as saying that the economy would emerge from the recession toward the end of 2009.

His comments helped trigger a late rally in the stock market.

Roubini still warned that the US may need a second fiscal stimulus package of up to $250 billion by the end of the year to boost the deteriorating labor market, Reuters reported.

Video: Watch Report On Roubini Comments
The stimulus "cannot be too small, but it cannot be too large," Roubini said, or financial markets will become too worried about the sustainability of the U.S. debt.

Roubini, of RGE Global Monitor, is one of the few economists who foretold much of the current financial turmoil. But until now, he has remained pessimistic even amid signs that the economy was beginning to turn.

Last month, he told CNBC Europe that rising oil prices and interest rates could suppress a budding recovery.

"I see even the risk of a double-dip, W-shaped recession…towards the end of next year," Roubini said in June. (Click here for story)

"Oil could be closer to $100 a barrel towards the end of this year, this could be a negative shock to the economy," he said, adding that other dangers come from long-term interest rates and big budget deficits.

In the next few months, unemployment may reach 11 percent in the US and around 10 percent in Europe, Roubini said. Because of bad macroeconomic data and poor earnings prospects as companies have weak pricing power and demand is still subdued, the surprises will be on the downside, he told CNBC.

"That's why I believe there's going to be a significant market correction for equities, for commodities and even for credit," Roubini added.

He said recovery signs should come from unemployment, housing, industrial production, sales and consumption data.

"When I look at them I see so far still more yellow weeds than green shoots. They have to bottom out, in my view they haven't bottomed out. This recovery, unfortunately, because of the debt overhang… is going to be a very weak economic recovery, in my view," he added.

天真的冷酷

Does that mean we would not see 667 any more in long term market?

多吉

Roubini Now Says The Worst Of Economic Crisis Is Over

Published: Thursday, 16 Jul 2009 | 4:08 PM ET Text Size By: CNBC.com With Reuters

Nouriel Roubini, the economist whose dire forecasts earned ...
maserati 发表于 2009-7-16 04:10 PM

buctusa

We might never see 667 in our future life.............

Does that mean we would not see 667 any more in long term market?
天真的冷酷 发表于 2009-7-16 16:19

bucks

heihei, maybe when everyone is saying the death of bear, another down leg is brewing on the horizon. Before a decisive breakthroguh 960, I tend to believe it's still a bear mkt.

pinball

这种新闻是孔夫子写春秋的笔法
你看文中quote的
"When I look at them I see so far still more yellow weeds than green shoots. They have to bottom out, in my view they haven't bottomed out. This recovery, unfortunately, because of the debt overhang… is going to be a very weak economic recovery, in my view," he added.
分明还是头熊

上次bloomberg说"Krugman said recession is over which helps to trigger the stockmarket rally today"，实际上那天Krugman说的是虽然Q3 GDP可能会正，但是长期来看更可能向日本lost decade方向发展......

layschips

又一名浓眉大眼的熊军将领去卧底了。。。

soulvirus

基本上熊军大将都降了，会特尼， 卢比里，全叛变了

天真的冷酷

We might never see 667 in our future life.............



buctusa 发表于 2009-7-16 12:21

maybe...  The earth will vanish 3 years later.

aegiswu

heihei, maybe when everyone is saying the death of bear, another down leg is brewing on the horizon. Before a decisive breakthroguh 960, I tend to believe it's still a bear mkt.
bucks 发表于 2009-7-16 16:22

赞看问题的角度， 大崩溃前夕地球上的每个人几乎都是看牛的

aegiswu

这种新闻是孔夫子写春秋的笔法
你看文中quote的
"When I look at them I see so far still more yellow weeds than green shoots. They have to bottom out, in my view they haven't bottomed out. This recovery ...
pinball 发表于 2009-7-16 16:23

顶对原始信息进行发掘的人， 媒体太贱， 总是过滤出他们想要的信息

新低手

形势逼人啊。。。。各国政府都在印钱及其它相关措施设法度过难关。。。衰下去不爬起来对谁都不利。。。

表态是政治需要，实际仓位操作可能不同呀。。。。

google

Nouriel Roubini says comments taken out of context

By Kate Gibson

NEW YORK (MarketWatch) -- Economist Nouriel Roubini on Thursday refuted reports that he had improved his economic outlook, saying his comments at an investors conference earlier in the day were taken out of context. "I have said on numerous occasions that the recession would last roughly 24 months. Therefore, we are 19 months into that recession. If as I predicted the recession is over by year end, it will have lasted 24 months with a recovery only beginning in 2010," Roubini said in a statement.

colderdown

Not really!!!!!!!!!!!!!!!!!!!!!!

"It has been widely reported today that I have stated that the recession will be over 'this year' and that I have 'improved' my economic outlook," Roubini said in a prepared statement. "Despite those reports ... my views expressed today are no different than the views I have expressed previously. If anything my views were taken out of context."

Several business news outlets, picking up on a report initially from Reuters, earlier Thursday cited Roubini as saying that the worst of the economic financial crisis may be over.

The New York University professor was quoted by Reuters as saying that the economy would emerge from the recession toward the end of 2009.

Reports of his comments helped trigger a late rally in the stock market.

Roubini added late Thursday that he sees no economic growth before the end of 2009.

"I have said on numerous occasions that the recession would last roughly 24 months. Therefore, we are 19 months into that recession. If as I predicted the recession is over by year end, it will have lasted 24 months with a recovery only beginning in 2010. Simply put I am not forecasting economic growth before year's end."


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Roubini predicts a shallow recovery with average growth will average about 1 percent over the next few years. He also sees the possibility, he reiterated, of a "double-dip" recession toward the end of next year.

"On one side, early exit from monetary and fiscal easing would tip the economy into a new recession as the recovery is anemic and deflationary pressures are dominant," Roubini said. "On the other side, maintaining large budget deficits and continued monetization of such deficits would eventually increase long term interest rates ... and thus would lead to a crowding out of private demand.

"While the recession will be over by the end of the year the recovery will be weak given the debt overhang in the household sector, the financial system and the corporate sector; and now there is also a massive re-leveraging of the public sector with unsustainable fiscal deficits and public debt accumulation."

buctusa

Nearly all medias are CNN!

weigoodone01

MM controlled media!

mary666

lol

maimait

全硬，全硬

revolver

呵呵，连这样造假的都有？MM已经不要脸了。

palm