Roubini Economy could be hurt if oil gets to $100
By Barani Krishnan NEW YORK, Nov 4 (Reuters) - An economist noted for his early warning that the United States was headed for a housing bust and oil shock said on Wednesday that oil's jump to $80 a barrel is unjustified and that a run to $100 may cause economic stress the way record highs near $150 did last year. "Part of the rise may be justified by global economic recovery...but going from $30 to $80 when demand for oil is down to 2005 levels is very difficult to justify," said Nouriel Roubini, chairman and co-founder of the RGE

Roubini The mother of all carry trades faces an inevitable bust
Roubini on Carry TradeThe mother of all carry trades faces an inevitable bust, Nouriel Roubini, chairman of RGE Monitor , told CNBC.Tags: peter schiff AC360 Anderson Cooper Inflation CNN David Tice Jim Rogers Ron Paul Marc Faber lateline australia Newsroom Your Money Bloomberg Volker Economy Depression Bailout Dollar bulls bears cost of freedom fox bank FED printing leman brothers Gle

Roubini warns of The Mother of all Bubbles
“The longer and bigger the carry trades and the larger the asset bubble, the bigger the ensuing asset bubble crash,” Roubini said. “One day this bubble will burst, leading to the biggest coordinated asset bust ever.”Read Article >>>>

Roubini: Global Markets Could Soon Crash
Dan WeilNewsmaxOctober 31, 2009The global markets are at risk of crashing when the dollar rebounds, says economist Nouriel Roubini.Roubini, a professor at NYU, is credited with long predicting the financial collapse of 2007 and 2008.“In the short run what’s happening is there’s a wall of liquidity, not just in the U.S., but around the world, that is chasing assets,” he told CNBC.“It’s equities, it’s commodities, it’s credit, it’s gold, it’s emerging market asset classes.”And what does that amount to? “Now we are in the mother of all carry trades,” Roubini says.

Roubini to CNBC We Are in the Mother of All Carry Trades
Nouriel Roubini, Chairman, RGE Monitor, told CNBC Monday."There is a wall of liquidity…chasing assets," Roubini told "Squawk Box.""Now we are in the mother of all carry trades,""The reality is that the dollar is the funding currency of the carry trades. Because of that the dollar weakness is going to continue for a while.""The (stock) markets are pricing in a V-shaped recovery," Roubini said. "If the data surprise on the downside then there is going to be a significant correction."The price of oil may also be among the assets that will fall."It seems to me that this rally in oil prices is way ahead of the economy," Roubini said.