Podcasts about roubini

NYU Stern School of Business Professor Emeritus & Hudson Bay Capital Senior Advisor Nouriel Roubini explains why he sees the disruption DeepSeek brings to AI as positive for the US economy and global stock markets over the medium term. Roubini also discusses the expectations for “massive amounts of job displacement” from AI and why the US will set the global rules on technology. Roubini spoke with Bloomberg's Jonathan Ferro and Annmarie Hordern.See omnystudio.com/listener for privacy information.

Roubini Macro Associates Chairman & CEO Nouriel Roubini discusses his new ETF. Roubini speaks with Bloomberg's Scarlett Fu.See omnystudio.com/listener for privacy information.

Despite the recent spike in volatility, investor sentiment is broadly positive, yet tail risks are emanating as we push into year-end. Dr. Nouriel Roubini, Chairman & CEO of Roubini Macro Associates, joins BI Chief Emerging Market Fixed Income StrategistDamian Sassower, to discuss policy stimulus, growth potential and inflationary price pressures across the globe. Roubini and Sassower touch on issues ranging from diminished US exceptionalism and extreme China pessimism to elevated Mideast tension and the accompanying passthrough to commodities.

Roubini Macro Associates Chairman & CEO Nouriel Roubini discusses the economic/market impact of geopolitical risks starting with the Middle East, the policies of a Trump administration versus a Harris one, Roubini warns of Trump win spurring stagflation shock, and China policy stimulus and long growth challenges. Roubini spoke with Bloomberg's Tom Keene and Paul Sweeney. See omnystudio.com/listener for privacy information.

Note**: this episode was recorded before President Biden announced he wouldn't be running for a second term ** We've got another predictions episode for you this season – this time with legendary economist Dr. Nouriel Roubini, who was given the warm and fuzzy nickname of 'Dr. Doom' by the media for his prescient prediction of the 2008 financial crisis. Dr. Roubini, a bestselling author and professor at NYU's Stern School of Business and an expert in global economics, talks about the impact of the upcoming election, what each candidate might bring to their presidency, and shares his thoughts on crypto, blockchain, and AI. He also discusses his new book, “MegaThreats,” and, in a change of pace, gives some tips on living a long, fulfilling life. Whether you agree or disagree with his viewpoints, this episode will definitely get you thinking about your own predictions for November. (Or possibly reaching for a nice stiff drink.) 

Nouriel Roubini, CEO of Roubini Macro Associates and professor emeritus at NYU Stern School of Business, says the Federal Reserve is "doing it right."  Speaking to Bloomberg TV's Alix Steel and Scarlet Fu in an exclusive interview, Roubini says the US is headed for a soft landing.See omnystudio.com/listener for privacy information.

Crypto Banter and ZeroHedge host the

We are talking about investing today. It's a big one; there are a lot of changes coming in the market and investing might just be something you need to look at.Be sure to check out Neal Bawa, he's giving away the answers to the top 10 irrational questions that investors ask and how you should answer them. ResourceCheck Out Neal's WebsiteReal Estate Marketing DudeThe Listing Advocate (Earn more listings!)REMD on YouTubeREMD on InstagramTranscript:So how do you attract new business? You constantly don't have to chase it. Hi, I'm Mike Webmaster Real Estate Marketing, and this podcast is all about building a strong personal brand. People have come to know like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them.00:01:24:15 - 00:01:36:16UnknownLet's get started.00:01:36:18 - 00:01:52:14UnknownWhat's up? Ladies and gentlemen, welcome. Another episode of the Real Estate Marketing Dude podcast. Folks, we're here with a rock star, a legend. You might have seen his name all over the damn place. This guy knows what he's talking about when it comes to investing in real estate. As a matter of fact, he already has invested and runs and maintains $1,000,000,000 fund.00:01:52:20 - 00:02:11:08UnknownSo I'm going to get right to it today because I have a lot of questions for him, mainly around which way the market is going. The reality is a lot of people listen to show are in real estate or in lending. 90% of y'all have never even seen a market that shifted in this capacity, in this way. And a lot of people don't know necessarily how to navigate that either.00:02:11:13 - 00:02:29:23UnknownBut where there's doom, there's gold, not gloom, because when you know how to shift and play, navigate these different types of waters and you listen to someone like who I'm going to introduce to you in just a minute, pay close attention and take notes, because when the market shift is often when people get really rich, I mean, I think this is.00:02:30:00 - 00:02:44:24UnknownWould you agree with that, Neal? I mean, that's why a lot of these that's is where a lot of the opportunity comes in. So let me go ahead and introduce our guests and let me give you a proper introduction. And I'm going to line up this because we got all kinds of questions for you today, right, Neal? Neal, want you to write himself, Who are you?00:02:44:24 - 00:03:06:19UnknownWhere are you from? What do you do? Let's go. I'm a technologist. I'm a data scientist. I come from the Silicon Valley culture, and it's my job to disrupt real estate, disrupt real estate development. We publish massive amounts of data for free on 323 metros in the United States, and we rank them for real estate investing. We give that data away for free.00:03:06:21 - 00:03:37:00UnknownThere's no subscription, there's no upsell. And as a result, we've managed to gather a bunch of nerdy, geeky, you know, folks, mostly in our doctors and engineers and technologists who believe that real estate investing should be data driven. And those folks have given us $300 million of their money, about a thousand investors to both buy and build various different kinds of real estate in the United States were hot on apartment student housing built around.00:03:37:02 - 00:03:54:24UnknownBut we also do self-storage and industrial a lot of it. I we've had a couple people on the show that the self-storage space and I my mind was blown at some of those just different conversations. But let's start with the data because I agree, data is where everything goes down. It never lies, the numbers never lie. And in general, I know you do a lot multifamily.00:03:54:24 - 00:04:22:12UnknownYou're doing a lot of stuff into the commercial market. Let's stick to residential just for this question and I'll go to the next one. But from residential, what does the data say? Because what I'm seeing, I subscribe to the capacity letter. I like reading their posts a lot right? And I'm seeing high loan defaults on cars. I'm seeing hi, I'm seeing in our data we're seeing a ton of stretched out credit card debt, missed payments just starting to happen.00:04:22:14 - 00:04:41:08UnknownA lot of people will be like, Hey, is this going to be 2007, 2008 all over again? And what do you say to the answer? What's the data say collectively speaking to then and now? Let's first do the economic piece and then I'll talk about real estate. Right? So the economics says that we are definitely on track for a soft landing.00:04:41:10 - 00:04:58:11UnknownI don't feel like this is 2007. I think it's fashionable to say it's like 2007 because you always want to be the person that said, Hey, five years ago, I told you so, I'm not going to go there. So I'm I'm looking at the data and I am absolutely amazed at the unemployment level. So we're at 3.9% unemployment.00:04:58:15 - 00:05:18:15UnknownWe produced 322,000 jobs in February. This is being recorded in March of 2024. And when I'm looking at that unemployment rate and I'm looking at the fact that inflation's come from 9% down to 3.1%, that shows us that the Fed has done its job and everyone likes to beat the Fed. And I'm actually no different. I love to beat the Fed.00:05:18:15 - 00:05:37:17UnknownBut in this case, I have to grudgingly admit that the Fed has actually been right. The Wall Street thought that we would have seven cuts this year. Then they thought we had six, then they thought we had four. And now they think that we have three. Yes. What, 18 months ago, the Fed was saying we would have three job cuts, two or three cuts into 2024.00:05:37:21 - 00:05:54:24UnknownSo for the moment, one has to grudgingly admit that the Fed has been right. The economy is moving towards a soft landing. A soft landing is not fun. Just the you know what the definition of a soft landing is. Yeah. Can you define that? Or a soft landing means that the growth of the U.S. falls to almost zero.00:05:55:05 - 00:06:11:16UnknownAnd that's going to happen in Q3. That's going to happen in Q4 of this year. So the second half of this year is going to feel really shitty. It's going to be like a recession. You're right. Now you're seeing if you go back and look at the last three months job growth, it's been near 200,000, 300,000. What you're going to start seeing that job growth fall to 100,000, 50,000, 80,000.00:06:11:16 - 00:06:32:15UnknownThose are very low numbers for a country of 330 million people. So when you're only growing 100,000 jobs, the economy is basically at a stall state and you're going to see that stalling happening in the second half of the year. And that's what the Fed wants, because as you get close to a stall date, demand dries up. If there's no new jobs being created or very few new jobs being created, who's going to create the demand?00:06:32:15 - 00:06:48:10UnknownWe're going to spend the money. Well, if you don't spend the money, what's going to create inflation? Because there's no competition for new goods when there's no competition, that brings inflation into the tooth. And that's the Fed's job to bring the inflation down into the twos, two and a half percent range so they can achieve their soft landing.00:06:48:15 - 00:07:08:16UnknownSo we're going to see some fairly shitty conditions in the second half of this year. But I don't expect the economy to go into a recession, which is negative growth, right? So the rest of the world is ahead of us. So at this point, Germany, the UK, Japan have already gone into recession. China is slowing, India being the bright spot of the world right now at 8% GDP.00:07:08:18 - 00:07:30:13UnknownBut when I'm looking at it, all of the other countries are ahead of us. The United States is actually the the primary shining spot with our stock market staying high and our job growth staying high. But that cannot last because people are like, Yeah, but the Fed is an increasing rate anymore. Imagine this when you've raised interest rates by more than 500 basis points or 5%.00:07:30:15 - 00:07:55:09UnknownImagine a £200 weight sitting on the chest of the economy. Well, that £200 weight has been sitting on the chest of the economy for a year and a half, and it was its heaviest for the last seven months. The Fed hasn't raised interest rates for the last seven months, but you still got a £200 set. You know, it weight sitting on the chest of the economy and that's dragging and slowing things down and it's slowing it down just right.00:07:55:11 - 00:08:20:18UnknownSo speaking of rates, what are we looking at? You just mentioned it. You know, we're supposed to have more cuts within it. We did. Or you know what? People don't really know what to expect. And I'm looking at the Fed chocolate and that shows three quarter point cuts, one in June, one in September, one in November. And I think that we're going to get those three rate cuts this year and then we will have an accelerating rate cut next year.00:08:20:18 - 00:08:40:22UnknownOnce once inflation's down to two and a half percent, then the Fed can accelerate because that's not interested in keeping rates this high. There's this nonsensical, very social media driven myth that the Fed, the rates are going to stay high. Why would you rates stay high? Have you seen how rapidly world growth is slowing? Population growth is slowing, the world is getting older.00:08:41:00 - 00:08:56:19UnknownAnd as the world gets older, it consumes less. People who are 65 years old consume a lot less than people who are 45 years old. So when you look at demographic trends, when you look at large scale trends in the world, all of these trends are leading towards deflation, none of them leading towards inflation. Perfect example, Japan, right?00:08:56:21 - 00:09:18:21UnknownTheir stock market last week hit the same number that it hit last in 1989, which meant that basically for the last 25 years. Right. It wasn't just 35 years. Their stock market has been down from where they are. Why? Because their population is getting older, right? They have a very, very low birth rate. Their population is falling. And so Japan's state a great country in those 35 years.00:09:18:21 - 00:09:36:09UnknownThere's still a magnificent economy, still number three in the world. So they they haven't crashed and burned, even though their debt to GDP is double that of the United States, double that of the U.S. They haven't crashed and burned, but it has meant deflation in their economy. They constantly have to create inflation in their economy to keep things going.00:09:36:13 - 00:09:57:19UnknownAnd so when people actually come in and say inflation will stay high, there's no data behind that at all. Interesting. This is good stuff, Neil. Very good stuff. I'm sure I know what our listeners are doing in two different directions, right? So like the Ukraine war was pulling in the direction of energy being expensive, which means inflation up.00:09:57:21 - 00:10:21:03UnknownBut the rest of the world, when you look at the world, maybe with the exception of the African continent, everywhere, birth rates are falling everywhere, growth is slowing everywhere, people are getting over everywhere, consumption trends are going downwards. Inflation is simply a factor of demand. And if in 90% of the world growth is slowing, demand is slowing, how do you create inflation?00:10:21:05 - 00:10:40:09UnknownI can predict that in two or three years we'll be trying to create inflation. And finally, I want to share a data point with you. Like forget forget what happened in the last 24 months, because we all know that this inflation was created by a break in supply chains and the ridiculous $4 trillion that be injected into the economy like idiots.00:10:40:11 - 00:10:58:17UnknownRight. If you hadn't done those two things, let's look at what happened to inflation ten years before that. All of the things that people scream and yell about were happening for those ten years. But inflation in the United States was under one and a half percent for the ten years before COVID. Right? So all the bad stuff that we're talking about, money printing, it was happening, right?00:10:58:21 - 00:11:23:24UnknownWe were doing quantitative easing. It was happening. Inflation was at one and a half percent. The Fed was struggling to get it up to 2%. Right. So look at the Fed struggle. Study those things, go out and stare at charts on the St Louis Fed website to understand that in the real world, right, economists have challenges and their biggest challenges are not supply chains because those are obviously fixed.00:11:24:01 - 00:11:46:12UnknownThose challenges are that we are not producing enough babies. That's a problem. How do you fix that problem when the world is 100 million baby short every year? Wow. So this is a big picture. And you opened up saying I'm a data scientist, which is interesting. I mean, anyone who should actually come on like that is like I'm an investor, I'm a data scientist, and I love that approach.00:11:46:17 - 00:12:08:09UnknownSo let's now I think we've got a good picture of the economy here. We got some good worldview here. What's going on overall or saying here, guys? So you're tracking at home. Consumption is down and with consumption down, demand's down with demand down, then, you know, this is how it all eases out into inflation. Now, in terms of real estate and investing and or whatnot, what are you guys doing right now?00:12:08:09 - 00:12:25:14UnknownWhat do you see based on your data, your brain? I don't know what the hell is going on up there, but there's all kinds of gears turning right here. What's happening? What are you where do you see the opportunity? Where are you going? Where are you advising your investors to go? So for the for the moment, the single family and multifamily markets have diverged.00:12:25:19 - 00:12:49:23UnknownSo single family and multifamily are the two largest asset classes in real estate. Nothing else comes close in terms of large after classes, right? They've diverged. And it's an interesting diversion since interest rates started rising, Single family homes in the United States are up about 3 to 4%. So they've gone up, right? So it's been slow growth because we are talking about a two year time frame where, you know, prices have gone up by two or 3%.00:12:49:23 - 00:13:11:15UnknownSo you're talking nationwide. You're doing nationwide. Nationwide, Right. So it varies. You know, the hot boom towns are down a few percent. And and the Midwest markets and the Northeast markets are up more like 6%. But the overall average in the U.S. is about 2% up in the same exact time frame. Multifamily prices in the United States are down 20 to 25%, once again varying by metros.00:13:11:15 - 00:13:38:03UnknownSome metros are down ten, 12%, other metros are down 25, 26, 27%, especially the Boomtown metros like Phenix, which have oversupply. But bottom line is normally single family and multi-family tracked together because they're dependent on the same sort of things, but because single family has something that multifamily doesn't have the lock in effect. Remember, what happened is with multifamily, we all were tied to addicted to bridge lending.00:13:38:03 - 00:13:59:00UnknownSo we were basically taking floating rates, whereas with single family, 99% of all homes that were purchased in the last four years were purchased with ultra low interest rate. 30 year fixed loans. That lock in effects means that 20 to 25 million American families like me, I have a 1.75% mortgage. If I go somewhere, my mortgage jumps from 6000 a month to 15,000 a month.00:13:59:00 - 00:14:18:01UnknownRight? I can't go. I'm locked in. You're locked. 25 million families are locked in. That's keeping supply ridiculously low. And that's put a floor under single family prices. They're not going up, but they're not going down. And they probably won't go down for a number of years, especially now that interest rates slowly over the next year will start to come down.00:14:18:06 - 00:14:35:07UnknownSo as they start coming down, affordability will actually improve on the single family side. And I think that the single family market geniuses here's my prediction for the next five years, just stays where it is. It's going to stay where it is. It might go up 1%, but it won't go up as fast as inflation application. 3%. Single family might go up 1%, 2%.00:14:35:12 - 00:14:53:08UnknownWhy? Because it was supposed to drop like multifamily. Multi-family dropped 25%. Single family didn't drop because of the lock in effect. And you take 100% for the lock in effect for at this point in time, it sort of it's hit a plateau. It stays near that plateau. It might go up a little bit, might go down a little, but it stays at that plateau.00:14:53:08 - 00:15:14:24UnknownSo over five years, the lock in problem is stalled because over five years we'll have maybe 15% inflation. If home prices stay the same. Well, in a way, they're coming down 15%, right, because they're supposed to go up with inflation and they didn't. So if if the price of a single family home in the United States five years from now is the same as it is today, well, then we fixed the issue of them being too expensive because of inflation.00:15:14:24 - 00:15:34:13UnknownThey should have gone up 15%. They didn't. Well, we've sort of fixed that issue, kind of fixed it. I'm in. Right. I'm in Southern California and I got here in 2017 and I literally seen the prices go up later because I watch this all time. I'm on Zillow. Like it's like, what's going on? You're going on your 40% all day in San Diego area and like a 40.00:15:34:13 - 00:15:57:20UnknownAnd it's hitting affordability ceilings, right? Yeah, big question. But they can't go up any further because the average mortgage in the U.S. has gone up 112% in the last three years. So once again, from the start of COVID to when we're recording this, the average mortgage in the United States is up 112%. The average salaries in the U.S. are up 19.7%.00:15:57:22 - 00:16:16:15UnknownHow do you reconcile those two things? How do you because the banks won't give you a loan. The banks lenders give you a loan based on your income. So your incomes up 19.7%, but your mortgage is up 112. Wouldn't that put a ceiling on what you can pay? And we're seeing that ceiling across the United States, not just in California.00:16:16:15 - 00:16:34:17UnknownWe're seeing it everywhere. Right. And and California is a market known for busting through those ceilings. And it's still just you know, it's like I can't get through. There's nowhere to go. Like literally and even I'm even seeing the opposite effect to even the people that have rented their houses are sort of like reconsidering, like, why would I sell this?00:16:34:17 - 00:17:06:18UnknownI have like a 1% rate, you know, why would I ever sell this? And yeah, there's no inventory. But do you think that some of these high areas like Southern California, Phenix, Austin, some of the areas are just really, really boom, Do you see a correction in these areas in residential? Then how about for multifamily? So the you know, when we look at, you know, and I've been researching this for single family, when we look at the risk in the marketplace, the risk is actually very tightly contained within certain very expensive markets.00:17:06:18 - 00:17:23:17UnknownThere's a number of them, three of them in California. And then you're looking at markets that are very expensive for their income, like Austin. Austin might be saved if its incomes shoot up all of a sudden because there's a lot of demand there. You know, you know, the population growth, home price growth, income growth in Austin is much higher than California.00:17:23:17 - 00:17:43:24UnknownSo maybe they work their way through that, maybe they muddle through it or they see a decline. But if the decline happens even in California, I do not expect it to be double digit. So in the San Francisco Bay area where I live, this is the most expensive metro in the United States. We are seeing a decline. But the decline, interestingly enough, and I would not have predicted this is happening mostly in the $2 million home.00:17:43:24 - 00:18:08:20UnknownSo what what in the Bay Area, million dollar home prices are still selling like hotcakes. I live in Fremont, California, and so I looked at three homes that were sold in the last 30 days. They were all above a million, 1.31.4, 1.6. And they had lots and lots of offers. But the homes that are above that $2 million range in the Bay Area and maybe above $1,000,000 in other metros in the United States, they are the ones that are likely to suffer be simply because people can't afford them.00:18:08:20 - 00:18:30:23UnknownThey can get a loan for those. Yeah, it's the same situation here. You buy you could buy the same house or rent the same house for the difference per month. It's probably like $8,000. Know, like I said, it's a shocking number, so it's crazy. I want to share that with you. The difference between the average rent and the average mortgage payment in the United States is the highest in history.00:18:31:04 - 00:18:53:05UnknownThere's a lot of people saying, well, the rental market is not going to do well. Right. How do you reconcile this statement? The difference between the average mortgage and the average rent is the highest in history. Three, it crushes 2007. How can this not be a good time to rent? How can this not be a good time to buy a land, be a landlord when that difference is the highest in history?00:18:53:11 - 00:19:11:02UnknownWe then in the last three years the United States way. That's a very good way to put it. You might say that one more time, just so people can hear that the difference between the average a mortgage payment, including especially if you include taxes and insurance and the average rent for the same property for the same exact property if you rent it.00:19:11:04 - 00:19:39:13UnknownThat gap is the highest in history by far. That gas gap is now over 1200 dollars a month nationwide, probably for a $6,000 in California. Right. So obviously, California is the worst case example of all of these things. And so in New York, yeah, nationwide, 1200 dollars is a huge number. The gap between rents and mortgages has typically been 200, $300.00:19:39:15 - 00:20:02:06UnknownIf you look at history, five years, ten years, 20 years, that gap between renting and buying is a couple hundred dollars. Now it's over $1,000. And that's an insane growth. And so that number will adjust over time as rates come down. Some mortgages will come down a little bit because of that, but rents will also go up. So a combination of two things will fix that rents going upwards and mortgages going downwards.00:20:02:06 - 00:20:22:23UnknownI'm not talking about home prices going down, I'm talking about mortgages going down because interest rates will come down over time. Yep. What about investing wise? What would you touch? I see. And then here's a question I have for you, because I didn't know these numbers, so I want to repeat some. You just said the single family home appreciation last 12 months has gone up 2 to 3%.00:20:22:23 - 00:20:45:17UnknownVery modest rate. But at the same time, the multifamily properties have depreciated 20 to 25%. And I remember just a couple of years ago, there's all kinds of gurus buying by this by this syndicate Syndicate syndicate, right. And how many people what's the exposure? How many people even call with their pants down? Because that's a big like if I'm a syndicator and I got into that bubble, how big is that issue?00:20:45:17 - 00:21:04:23UnknownAnd there must be a huge opportunity to go buy these assets that were born too high. It may not seem that correctly, or there are 3000 assets in the United States that are distressed at an average value of 30 million. The total distressed in multifamily is $90 billion. 3000 multiplied by 30 million is $90 billion of total distress.00:21:04:23 - 00:21:23:23UnknownNow, these properties are not worthless. This is in 2008, so they're probably worth about 65 to $0.70 on the dollar. And what were these purchased like? What do you see in this bubble from these properties that were purchased in the second half of 2020 and the first half of 2021 in the second half of 2021. So basically purchased over an 18 month time frame.00:21:24:03 - 00:21:53:17UnknownWhy are they in distress? Because they all have bridge loans right now. There's a huge number. I mean, multifamily is a very large market and there's no distress in the overall market. But in the syndication portion of the multifamily market, at least ten, 20% of all properties are distressed. And folks just see understand what what he's seeing. Just off your filings and alike as well as your listeners when you're in your treadmill or you're working out or whatnot, it's that when that bridge loan hits, they're locked into a low rate and that's going to adjust to whatever it's going to adjust or has already adjusted or is already in.00:21:53:17 - 00:22:10:15UnknownAnd now that that property that was cash flow is no longer cash flow. It's it's it's a right it's negative cash flowing and it's cost money. Therefore the value is not there. That's what we're talking about and that's driving the prices down 25%. So if you asked me, you know, what do I invest in? Well, I invest in two things.00:22:10:16 - 00:22:33:06UnknownNumber one, right now, I'm investing, I'm buying multifamily. Two years ago, I was on every podcast in America telling people, this is insanity. Do not buy, I'm not buying. I'm pencils down. My team hasn't underwritten anything in months. Nobody was listening. I mean, I was being made fun of on podcast like as the the the Dr. Roubini the gloom doom man of multifamily.00:22:33:06 - 00:22:55:14UnknownWell, you know, we saw how that worked out. So right now I don't have ten properties that are upside down. I want write I still bought some properties and so i1i dealt with that and I raised private equity too to make that property get a fixed loan. And so now it's cash flowing. So I fix that problem, but I don't have to deal with ten or 20 like many of my syndicate households have to deal with it.00:22:55:14 - 00:23:11:04UnknownYou saw it coming in to do it. Let them go. Yeah. To me, it just made it made sense to stay away from the frenzy that we saw two years ago. Right. So I was very lucky to have stayed away from it. Bottom line is, today I am on the hunt. Today, my investors are saying, Yeah, you saw this coming.00:23:11:04 - 00:23:31:11UnknownGood for you. And you send us all these emails and we didn't listen to you invested with seven different syndicators. Now we have six cashflow. And so we're coming back to you and now you're on the prowl. So right now I'm in predator mode. I'm going out making offers on dozens or hundreds of properties. I'm focused on the ones that have as zoomable low rate loans.00:23:31:11 - 00:23:53:10UnknownFor example, we just bought a property that had a 4% fixed rate because, you know, the 25% discount is only there because of one reason interest rate. So if I can get the discount but not have to deal with the interest rate because I'm buying an asset with a fixed loan, how can that be bad? That has to be an incredible deal.00:23:53:10 - 00:24:14:23UnknownSo I'm incentivizing my team to find assets that have a zoomable loans with a minimum of three years left on them and that are fixed loans. So I'm not buying $1,000,000 rate cap, so I'm not wasting money on these stupid rate caps. That is number one opportunity. And here's the second opportunity. And this is really for people that want to invest in, you know, maybe maybe don't want to invest with people like me.00:24:14:23 - 00:24:42:13UnknownThey want to invest themselves. People like the people who two years, three years ago paid too much for the properties. Those people are now having to recapitalize. Meaning put more equity into the properties to take them from a 10% bridge loan to a 5% fixed loan or five and a half percent fixed line. Right. Well, the best deal today, me as an investor, as a personal investor, is to put money into that.00:24:42:13 - 00:25:09:17UnknownIt's called equity. Rev equity is ahead of the common equity. So the property has six, seven, eight, $9 million of common equity. And if you do your underwriting right and this is a good property, so the property is good, it has done well, it's caught it the wrong time. Those properties putting money in at equity and making 15%, 14%, I will do that all frickin day long because that is that is like lending and lending is supposed to be lower risk than than investing in equity.00:25:09:17 - 00:25:32:03UnknownWell, equity is kind of like lending. So right now I have a three person team. I'm actually going to read this from my calendar on the left here, gather equity opportunities. 330 to 4:30 p.m. today my team will come in and present equity opportunity opportunities not for my company, for Neil Bawa, who invested like it. You're smart, dude, man.00:25:32:08 - 00:25:56:23UnknownThis guy is smart, sharp and follow him in really good stuff. This is, this is really interesting. So I didn't the thing I'm most shocked about is the multifamily. I'm not in that space. I don't know it very well. I just see what I see on social media in DC. Those numbers are insane. 25% is the largest discount we've seen in multifamily since the eighties.00:25:57:03 - 00:26:23:05UnknownAnd what's amazing is we're seeing this discount with an economy under 4% unemployment. So it's just the rates. I mean, I expect multifamily to bounce back very strongly. I listen to Blackstone today, so Blackstone's head of CRT, this is a company with a $100 billion asset. Yeah, there. Sit here. What are the words out of his mouth? He said this is a generational opportunity to buy commercial real estate.00:26:23:07 - 00:26:45:03UnknownIt's only cheap because of one reason, and that reason goes away in the next two years, he says. We see it as a general up or a generational opportunity. We were not engaged two years ago when everything was expensive. Now we think everything's cheap and so we're buying a lot. He's also doing things like they're also buying out office because office is going to go down 40 or 50%, down about 20 to 30%.00:26:45:03 - 00:27:03:17UnknownPlaces like New York, it's down more places like San Francisco is down more, though Blackstone saying I will happily buy offices at, you know, 40 to 50% off and I will hold them for a significant amount of time and then do adaptive reuse. Maybe we turn some of it into apartments or condos or things like that. Yeah, but we want to buy at a low basis.00:27:03:17 - 00:27:30:14UnknownSo I am very, very excited by the fact that investors are extremely disappointed right now. They're very fearful. The last two years have been bad for them. They've had cash calls. I love it. I love it because they're my competition. I don't want competition. I want to be able to make 50 lowball offers and have somebody accept a 30, 30% under market offer from me, which is what's happening all the time these days.00:27:30:16 - 00:27:47:05UnknownSo I love the fact that all of the investors out there are terrified. That's, you know, I read a lot of things. One that stands out, they say that is the quote Buffett said he zigzag, I zag. And they zig and honestly, everyone who's doing the opposite of what everyone else is doing are usually the ones that are always the ones winning.00:27:47:07 - 00:28:15:10UnknownNot at the current time. People probably don't think you're crazy like they did the first time, but obviously you've proven them wrong. Well, what I what I do is I mean, I have a group of about 25,000 people that are following me for data. So what I do is I release data every week or every month that gives them confidence that I'm following data, I'm following systems, I'm looking at the last five years, ten years, 50 years, and I'm understanding market trends.00:28:15:12 - 00:28:37:13UnknownThen when I bring out a project, they are still hesitant, they are shell shocked with what happened in the last 24 months, especially with multifamily. But eventually they realized this guy is taking advantage of it and so enough of them give me money. We just bought a $30 million property with a ZOOMABLE loan. It's down about 25 35% from, you know, peak value.00:28:37:15 - 00:28:59:19UnknownAnd I'm not saying that it's it's 35% discount. It's probably 15% discount, right. Because some of those values were too high anyway, that those were pretty crazy values there. You know, I'm not saying my property's 35% off of its value. It's probably 15% off of its value. But the beauty of it is there's no downside. It's already a locked in loan for five years.00:28:59:19 - 00:29:15:07UnknownIt's already interest only. I don't have a rate captive by. So I'm just getting a discount because the market's back. Right. And I love that. And we we did this raise and we thought this is going to be a really difficult race because it was $9.8 million. We had about 90 days to close and it just flew past.00:29:15:09 - 00:29:35:19UnknownPeople understand that this is a good time to be a predator. This is, you know, back then I was really big in those seven or eight short sale days in the single family market. And everything that you're saying right now is just feels like it's what's happening in the commercial in that it's happened to commercial like that whole wave because I, I in hindsight I was too young man.00:29:35:19 - 00:29:53:01UnknownI was like 27, you know, making too much money didn't even have the discipline to invest or even think about the future. No kids, you know, I was buying a property every month in 2008 and my family, when they realized what I was doing, they banned me from all of the family parties because they thought I would infect the other men in the family.00:29:53:06 - 00:30:09:07UnknownSo for 18 months, I was not allowed to go to a family party. You know, I live in a family with a big Don who's kind of the big, big shot. You know, he helped us come here from India. And so he was he was the guy that everyone kowtow to, including me, you know, because he made my life.00:30:09:09 - 00:30:27:03UnknownAnd he said, no, you're not showing up here because you're infecting these people with these stupid ideas. And by the time I had 18 of those properties in my pocket, everyone was listening. Man. The only way to do something to get people to pay attention to you folks, and this goes for you to listening is that Prove it and prove it with action.00:30:27:03 - 00:30:49:23UnknownTalk's cheap. Well said, Neal. This is a really excellent show. Why don't you tell our listeners where they can find you guys if you have anything for them? Any other closing thought you want to add? This is very insightful. Yeah, we published single family and multifamily data on an ongoing basis. It's highly entertaining, very interesting. We also published data about things like the nonsense around the dollar's demise.00:30:49:23 - 00:31:12:06UnknownWe publish data on how climate change is changing real estate. We publish data on how artificial intelligence is changing markets around the U.S.. This is all very, very entertaining. These are hour long webinars. They're data driven, lots of charts, lots of graphs, but also some fun. And 25,000, you know, slightly nerdy. You know, geeky investors come in and learn from us.00:31:12:07 - 00:31:32:17UnknownOnly a thousand invest with us. So the best way is really to join that community. It's free. It's always free. There's no subscription, there's no upsell. There never will be a subscription. They'll never be an upsell. The website is multifamily, followed by the letter Yahoo.com. So that's multifamily. You don't go there, you'll see an amazing tool kit and that'll give you all of the metros in the U.S. that you should be investing in right now.00:31:32:22 - 00:31:53:06UnknownStep by step, we rank 323 metros. Our top ten are in their every February like it. Thank you for your insight today and thank you folks for listening there. So the real estate marketing dude podcast folks if you like we said here today, make sure you subscribe to our show files on our channels and definitely check out our new software referral suite.00:31:53:06 - 00:32:11:18UnknownIf you're stuck figuring out how to sign for in your database, let us make it simple for you. Quit losing people, letting people forget your real estate. Let's start farming, your nurturing, your relationships. They start referring you and you start attracting business. I appreciate, guys. We'll see you guys next week. Piece Thank you for watching. Another episode of the Real Estate Marketing Do Podcast.00:32:11:18 - 00:32:32:13UnknownIf you need help with video or finding out what your brand is. Visit our website at WW Dot Real Estate Marketing dude dot com. We make branding and video content creation simple and do everything for you. So if you have any additional questions, visit the site, download the training and then schedule time to speak with the dude and get you rolling in your local marketplace.00:32:32:18 - 00:32:35:12UnknownThanks for watching another episode of the podcast. We'll see you next time.

Thu, 07 Mar 2024 08:37:13 +0000 https://morningbull.podigee.io/862-new-episode 0c6b535b1f42b9c1fef37f52dff28655 full ...et Powell qui fait du réchauffé... no Morningbull,Swissquote,Bourse,Finance,Palantir,Powell,Biden,Milton 60% Berg,Roubini,NYCB$ Thomas Veillet et

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyMonday March 4th, 2024Featuring: Nouriel Roubini, CEO, Roubini Macro Associates & Professor Emeritus Jim Bianco, President/Macro Strategist at Biacno Research, on markets Mick Mulroy, former US deputy assistant secretary of defense to Middle East, on Israel/Gaza and Ukraine Bloomberg's Lisa Mateo with her Newspaper Headlines Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at https://www.wealthion.com.Dive into a riveting discussion between Anthony Scaramucci and Professor Nouriel Roubini, as they explore the turbulent waters of the global economy, the fragility of fiat currencies, and the potential of stablecoins in hedging against inflation. In this episode of Speak Up with Anthony Scaramucci, we unravel the complexities of financial markets, dissect the future of digital currencies, and forecast the economic challenges that lie ahead. Join us for an insightful journey into the economic insights of Dr. Doom himself, Nouriel Roubini, and the sharp analysis of Anthony Scaramucci, as they debate, discuss, and predict the future of our financial world. --------------------- At Wealthion, we show you how to protect and build your wealth by learning from the world's top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance. We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you. Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis. Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion's endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth. SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: https://www.wealthion.com/ Subscribe to our YouTube channel https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1 Follow us on Twitter https://twitter.com/wealthion Follow us on Facebook https://www.facebook.com/Wealthion-109680281218040 ____________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.

Nouriel Roubini, Professor Emeritus of Economics at New York University's Stern School of Business, returns to The Julia La Roche Show for a wide-ranging discussion on economics. Roubini, known as "Dr. Doom" due to his tendency to make pessimistic predictions, shared his near-term macro outlook for 2024, pointing out that a hard or no landing scenario looks unlikely, and a soft or soft-ish landing is the most likely probability.  Elsewhere, Roubini gave an update on the medium-to-longer-term outlook, which includes ten interconnected megathreats that collectively are a slow-moving trainwreck. Roubini is the Chief Economist at Atlas Capital Team, CEO of Roubini Macro Associates, and Co-Founder of TheBoomBust.com. He is a former senior economist for international affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank. His website is NourielRoubini.com, and he is the host of NourielToday.com. Links: Megathreats book: https://www.amazon.com/MegaThreats-Dangerous-Trends-Imperil-Survive/dp/031628405X Twitter/X: https://twitter.com/nouriel Website: https://nourielroubini.com/ 0:00 Intro and welcome 1:00 Macro view — soft landing, no landing, or hard landing scenario 3:54 No landing and hard landing scenario don't look as likely today 6:00 The downside scenario  9:03 Why we avoided a recession in 2023 12:49 Update on Megathreats, worrisome risks in the longer-term, stagflation 20:00 Impact of AI, positive deflation  23:00 Deaths of despair  28:38 Debt situation, the mother of all debt crises  31:00 Inflation in the medium-term, 5 or 6% 34:00 Fiscal dominance 36:00 Addressing the debt situation in the U.S.  41:00 Inflation rate likely 6% rather than 2%, impact on 10-year treasury, mortgage rates 46:00 Take on the markets. Are they pricing in a soft landing?  49:30 Bitcoin, Bitcoin Spot ETF, and crypto 55:25 World Economic Forum in Davos, the conventional wisdom of WEF is always wrong

Tue, 09 Jan 2024 23:01:00 +0000 https://morningbull.podigee.io/796-new-episode 1c119bcd2371467e34325920cd9b362e full La SEC a approuvé l'ETF Bitcoin, mais en fait c'était pas vrai - parce que le compte X a été compromis.. Tout cru patate crue.. c'est pour ça que j'en parle pas dans la vidéo !!! no Morningbull,Swissquote,Bourse,Finance,CPI,Inflation,Taux,Roubini,make my day Thomas Veillet et Vincent Ganne vous proposent un tour d'horizon de toutes les

Tue, 28 Nov 2023 08:01:25 +0000 https://morningbull.podigee.io/760-new-episode d42407ccdd8ebd68ca4e42eccf88b64c full La bonne parole de MÔSSIEUR Roubini est toujours un concentré de bonheur... no Morningbull,Swissquote,Jeudi,FED,Taux,Vix,Roubini

En la edición PM, hablamos con Rodolfo Viana, Gerente de Sustentabilidad de BASF para América del Sur y Gerente de Fundación Eco+.

09th Nov: Crypto & Coffee at 8

En la edición PM, hablamos con Rodolfo Viana, Gerente de Sustentabilidad de BASF para América del Sur y Gerente de Fundación Eco+.

Fri, 13 Oct 2023 06:35:16 +0000 https://morningbull.podigee.io/710-new-episode 51bf2c565760cd31826fd55855d52f1b full On a connu des journées plus excitantes. J'ai eu l'impression de me retrouver dans vieil épisode Derrick en allemand sous-titré en albanais et en noir et blanc, le toute sur un vieille télé avec un tube cathodique tellement c'était "boring". no Morningbull,Swissquote,Inflation,CPI,Krugman,Roubini,JP Morgan,Earnings Thomas Veillet et Vincent Ganne vous proposent un tour d'horizon de toutes les classes d'actifs

Mon, 04 Sep 2023 06:40:00 +0000 https://morningbull.podigee.io/667-new-episode 65dec5732e22792e3e5a55bce09ffbd0 full La psychologie inversée des banques centrales.... no Morningbull,Swissquote,Bourse,Finance,NFP,Roubini,Labor Day Thomas Veillet et Vincent Ganne vous proposent un tour d'horizon de toutes les classes d'actifs

Nouriel Roubini joins Real Vision's Ash Bennington to analyze the macroeconomic risks he sees currently threatening the global economy. Roubini breaks down his research on public and private debt, stagflation risks, deglobalization, adverse demographic trends, and the trilemma central banks face as they attempt to suppress inflation, stave off recession, and stabilize the banking system. Recorded on March 20, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fri, 24 Mar 2023 07:27:44 +0000 https://morningbull.podigee.io/506-jai-8-secondes-pour-vous-dire-que-la-bns-cest-de-la-dynamique-morningbull-le-reveil-marches-swissquote d1bdcfe2d40246332d5e2d20e6ad6521 full ...et que grâce à eux, tout ira bien dans la crise bancaire. Normalement. no Morningbull,Swissquote,Yellen,Roubini,Banques,Crise des Banques,BNS Thom

Co-host Michael Chui talks with Nouriel Roubini. Roubini is professor emeritus of economics at the Stern School of Business at New York University, and CEO of Roubini Macro Associates, a global macroeconomics consultancy. He covers topics including the following: The “mother of all” debt crises and what to do about it Likely future trends in the global balance sheet—the world's economic health and wealth The trajectory of globalization Which “megathreat” worries him most See www.mckinsey.com/privacy-policy for privacy information

Nouriel Roubini, uno degli economisti più noti sul panorama globale, co-fondatore di Rosa & Roubini Associates e professore alla NYU Stern School of Business, soprannominato Dr. Doom, è famoso per le sue profezie pessimistiche sull'economia globale. Sebbene abbia fatto diverse previsioni nel corso degli anni, è difficile quantificare il numero esatto delle previsioni corrette. Ripercorriamo quelle più famose per capire quante di esse sono state accurate e quante invece non si sono verificate.Questo show fa parte del network Spreaker Prime. Se sei interessato a fare pubblicità in questo podcast, contattaci su https://www.spreaker.com/show/4869332/advertisement

Nouriel Roubini, Roubini Macro Associates CEO & Author of "Megathreats", says Credit Suisse "might be too big to fail, but also too big to be saved." Peter Tchir, Academy Securities Head of Macro Strategy, says the ECB needs to put enough "firewalls" in place to help Credit Suisse. Ken Leon, CFRA Director of Equity Research, says there might be counterparty risk for some of the US banks in regards to Credit Suisse. David Rubenstein, "The David Rubenstein Show: Peer-to-Peer Conversations" Host and Carlyle Group Co-Chairman & Co-Founder, says there is a lot of Middle East interest in Credit Suisse. Lisa Shalett, Morgan Stanley Wealth Management CIO, says the Fed, ECB need to continue on their tightening campaign. See omnystudio.com/listener for privacy information.

"We are in the beginning of a debt crisis in the U.S., we are only in the first few innings," says Dr. Nouriel Roubini, co-founder and chairman of Roubini Global Economics & Professor Emeritus of the Stern School of Business of New York University. "It's very likely the Fed will pivot with the implied risk of a financial meltdown," he tells Daniela Cambone. "There is a doom loop occurring and the Fed is in a position where they will be damned if they do and damned if they don't raise rates," Roubini continues. "The real economy and financial economy are contradicting each other, and the government created a mess of too much debt and now it becomes another leverage cycle all over again," he exclaims. "The Fed has been doing backdoor QE and the financial system is reckless... everything was in a bubble 2 years ago," Roubini continues. "Even in a mild recession, the S&P is going to fall between 30% and 50% and gold has upside in this environment," he says. "We are in a geopolitical depression, Israel is getting ready to potentially strike Iran and cold war between U.S. and China may soon become a hot war," Roubini states. "There is only a certain amount of time before something happens in Taiwan, we are living in a world of geopolitical depression," he concludes.

Check out our corresponding video on YouTube and share your thoughts in the comments. --- Nouriel Roubini is an economist and professor at NYU's Stern School of Business, known for his expertise in macroeconomics and international finance. He predicted the 2008 financial crisis and has served as an economic adviser to the IMF, World Bank, and various governments. He is a frequent commentator in the media, has written several books and articles, and is the co-founder and chairman of Roubini Global Economics. In his book "MegaThreats" he identifies ten major global risks, including pandemics, climate change, and economic inequality, that require global cooperation to address. Roubini offers solutions such as investing in healthcare, education, and sustainable energy, and creating new systems for global governance. The book serves as a warning and a call to action to build a more resilient and equitable world. Dr. Roubini's full book

Ti sei perso il webinar del 15 febbraio "Piano Finanziario 2.0" ?Puoi guardare la replica gratuitamente su https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbXFDMjVFa2Z3LUJDNGQ5REdkQ1d3ZlpPY19RQXxBQ3Jtc0tsRjZrS2xwMG5ZNDNPSUFXc2tzYjgtWnJENV91cEVPRkRpVi1ROE1CWkNpX2ZnUHJOdXNGNmprWWl0MDltUU9MTlZqWlZfRXFWaERrMXdoUGJaQk4zNmlNRldNbVZUUG1zQmNoUkRuWlFaSWQwdHlBaw&q=https%3A%2F%2Fwww.pianofinanziario.it%2Fevoluzione&v=2cBNoccMJZI Scopri il nostro Check-up finanziario per iniziare a prendere il controllo delle tue finanze! vai su https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa2ZPdkJFZ0J4cTNDZjlqUl9sZEQyNWplOWx6UXxBQ3Jtc0tuV010N1Ywd19Ob0dnOWFuMzlSVmk0ZUpJN3IzX09jZVVESW82VU5sUjY5dVNVWmJBRkIxWTRwLU9MdXNSNm12UW1SdVRJMWIyVzQwQjlCNHZ1TFJBY0VJMm0tbXNzaGVkUXRVTEc3WGtzajI1VzN3TQ&q=https%3A%2F%2Fwww.pianofinanziario.it%2Fcheckup&v=2cBNoccMJZIAccedi al nuovo canale di Piano Finanziario SCF, ottieni contenuti ancor più esclusivi, che ti aiuteranno a costruire il tuo futuro finanziario. Iscriviti ora su https://www.youtube.com/@pianofinanziario

Il famoso economista Nouriel Roubini, noto come Dr. Doom per le sue previsioni sulla crisi dei subprime del 2008, ha lanciato un nuovo allarme per l'economia mondiale. Secondo Roubini, il mondo si trova ad affrontare una “trappola del debito” di oltre 300.000 miliardi di dollari tra il settore pubblico e quello privato, e le banche centrali non sono in grado di aumentare i tassi di interesse a sufficienza per riportare l'inflazione ai livelli target.Questo show fa parte del network Spreaker Prime. Se sei interessato a fare pubblicità in questo podcast, contattaci su https://www.spreaker.com/show/4869332/advertisement

durée : 00:46:43 - On n'arrete pas l'éco - par : Alexandra Bensaid - Au programme ce samedi : retraites, pacte vert, intelligence artificielle, et un entretien avec un économiste-star, celui qui avait prédit la crise des subprimes, devenu le plus alarmiste de tous. Nouriel Roubini s'explique sur les dix "mégamenaces" qui, selon lui, pourraient obscurcir notre avenir. - réalisé par : Céline ILLA

Dr. Nouriel Roubini (@nouriel), Professor Emeritus of Economics at New York University's Stern School of Business, joins Julia La Roche on episode 42 to discuss his newest book, MegaThreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them. Roubini, known as "Dr. Doom" due to his tendency to make pessimistic predictions, warned of the housing crisis and impending recession, but it was too late. Roubini is now making another prediction that is even more alarming and should not be overlooked. The world is facing a multitude of interconnected threats, referred to as Megathreats, that have the potential to cause widespread disaster. According to Roubini, these Megathreats are all connected and threaten not only our jobs, income, savings, and wealth but also our health, the planet's health, and even our species' survival. These Megathreats include the worst debt crisis ever seen, excessive money printing by governments, blocked borders for workers and goods, the growing competition between China and the US, and the effects of climate change on heavily populated cities. Roubini says we're "sleepwalking into disaster," and this book is a "wake-up call." Time is of the essence in addressing these issues and attempting to prevent their adverse outcomes. Roubini is also the Chief Economist at Atlas Capital Team, CEO of Roubini Macro Associates, and Co-Founder of TheBoomBust.com. He is a former senior economist for international affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank. His website is NourielRoubini.com, and he is the host of NourielToday.com. 0:00 Roubini's new book 2:58 Connecting the dots of 10 Megathreats 4:00 World faces the biggest test since WWII 5:50 Mother of all debt crises 11:00 A perfect storm 18:00 Can we go back to 2% inflation without a hard landing? 19:30 Debate is no longer a soft or hard landing 20:42 Not going to be a short and shallow recession 23:42 Factors that could lead to a hard landing 24:00 Central banks are going to blink 24:45 Demographic time bomb 28:50 Intergenerational conflict between young and old 31:40 AI as a megathreat 35:14 AI will usher in a massive increase in income and wealth inequality 36:00 The trouble with UBI 39:00 Threat to our species 41:00 ChatGPT 41:50 Roubini's advice to young people 46:27 Public enemy No. 1 of crypto since 2017 49:40 Crypto is 'the biggest financial fraud in human history' 51:58 Megathreat of financial instability 54:40 US dollar status as the global reserve currency 56:00 Divided world 58:00 De-dollarization, rise in gold 1:00:31 Do you want to own gold right now? 1:03:00 What to own in this scenario? 1:06:38 Global pandemics 1:11:13 Things Roubini never used to worry about 1:13:05 World looks more like the period between 1914 in 194 1:15:20 Sleepwalking into disaster 1:19:00 How do we survive the Megathreats? 1:21:20 Technology is the solution 1:23:00 Parting thoughts

Caution: You may need a strong cup of Kopi after listening to our year-ending podcast with Dr. Nouriel Roubini, an economist and market analyst, who famously called the severity of the sub-prime crisis back in 2008 and has been warning about the fragility of the crypto ecosystem in recent years.  But it is essential listening, as a recent review of his book, MegaThreats, points out: “Roubini's warnings may be alarmingly scary, but they are also disturbingly plausible” (John Thornhill, Financial Times). We begin with his sobering assessment of the near term outlook, with recession risks rising in the UK and Europe, with the US not far behind, along with China with its struggles to reopen the economy. Nouriel does not see inflation easing sufficiently in the near term, and envisages an era of “great stagflation” in the coming years. His rationale for structurally higher inflation is wide ranging, from the impact of deglobalisation to aging, along with green transition and populism.  He also sees a looming debt crisis like no other, with the US, Europe, and China already overleveraged, teetering on the brink of cascading defaults and financial market contagion. He fears fiscal and monetary policy errors, great power rivalry, pandemic, climate change, cyber warfare, and financial instability holding back growth and prosperity in the coming decades, unless technological advances and welfare enhancing policies offset those headwinds. Nouriel worries that the period of global prosperity enjoyed since the end of the second world war is coming to an end; let's hope he is wrong, but let's also heed his warnings.See omnystudio.com/listener for privacy information.

Nouriel Roubini ist einer der berühmtesten Ökonomen der Welt. Er sagte unter anderem die Finanzkrise 2008 voraus. Unter US-Präsident Bill Clinton beriet er das Weiße Haus. Seine oft schonungslos anmutenden Thesen verschafften ihm den Spitznamen “Dr. Doom”. Sein neues Buch trägt den Titel: “Megathreats: 10 Bedrohungen unserer Zukunft – und wie wir sie überleben”.  Im Gespräch mit Gabor Steingart spricht er über die großen geopolitischen Bedrohungen unserer Zeit und ihre ökonomischen Folgen. Er spricht über die europäische Schuldenpolitik und die harte Rezession, die er voraussagt. Roubini analysiert den drohenden Kalten Krieg zwischen den USA und China und erklärt, wie die Inflation gestoppt werden könnte.

Part one of this two-part special on Nouriel Roubini's new book, Megathreats, examines how the economy is facing a combination of interconnected phenomena that Roubini believes will result in a severe economic crisis. Roubini discusses some alternative assets that could gain prominence in the event of a global financial meltdown and explains why he prefers gold over bitcoin in such a situation, among other topics in his book Megathreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them. According to Roubini, the "weaponization" of the U.S. dollar is making it less attractive as a reserve currency: “We have weaponized the dollar as a tool of national security and foreign policy… If I owe you a billion it is my problem; if I owe you a trillion it is your problem because we could default on those treasuries eventually if there is a conflict…” Similar to USD, Roubini believes other common reserve currencies such as the euro, yen, pound, and Swiss franc can be similarly weaponized, leaving gold as the only widely held reserve currency that remains a viable option: “What's the only other asset that is a liquid asset that can be a reserve currency? … What's the only one that cannot be seized if there are sanctions? It's gold — as long as you keep it in your own vault.” Although ardent bitcoin proponents claim BTC has similar properties, Roubini is dismissive of the largest cryptocurrency's potential to be used legitimately in global commerce.  “Bitcoin and other cryptocurrencies — we know they are not currencies,” Roubini says, “They are not a unit of account, nobody's pricing anything in Bitcoin, they're not scalable means of payment.”  Episode 110 of Season 4 of The Scoop was recorded live with The Block's Frank Chaparro and Roubini Macro Associates Chairman and CEO, Nouriel Roubini. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests can be sent to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Ledn, Athletic Greens About Tron TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized web3 services boasting over 100 million monthly active users. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. | TRONDAO | Twitter | Discord | About Ledn Ledn was founded on the unshakeable conviction that digital assets have the power to democratize access to the global economy. We help you to experience the real life benefits of your Bitcoin without having to sell it. Start a savings account, take out a loan, or double your Bitcoin. For more information visit Ledn.io

Nouriel Roubini, the economist and professor who forecasted the housing collapse of 2008, is back with a new prediction for the global economy. In his new book, Megathreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them, Roubini examines a series of interconnected phenomena that he believes could lead to disaster if left unchecked. In the first part of this two-part macro special of The Scoop, Roubini lays out the thesis for his new book and explains why he believes the world is on course for the most adverse macroeconomic conditions of the last century. Key to Roubini's new theory is the idea that since the threats our society is facing are all interconnected, their combined effects will be far-reaching: “Unfortunately, there are severe ‘megathreats' that imperil not only our jobs, our income, our savings, our wealth, but they imperil the planet, and even peace and prosperity.” As an example of how these threats are related, Nouriel explains how if the economy were to enter stagflation, it would be combined with an unprecedented amount of debt: “We're going to face not only inflation, not only recession, not only stagflation, but a stagflationary debt crisis — what I call in the book, ‘the mother of all debt crises,' — because the level of private and public debt as a share of GDP is at an all-time high.” Episode 113 of Season 4 of The Scoop was recorded live with The Block's Frank Chaparro and Roubini Macro Associates Chairman and CEO, Nouriel Roubini. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests can be sent to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Ledn About Tron TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized web3 services boasting over 100 million monthly active users. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. | TRONDAO | Twitter | Discord | About Ledn Ledn was founded on the unshakeable conviction that digital assets have the power to democratize access to the global economy. We help you to experience the real life benefits of your Bitcoin without having to sell it. Start a savings account, take out a loan, or double your Bitcoin. For more information visit Ledn.io

In the 1970s, the United States faced stagflation: high rates of inflation combined with stagnant employment and growth. Global economist Nouriel Roubini predicts we are heading toward another Great Stagflation that will be difficult to recover from. Is it too late to avoid this economic catastrophe? Financial and geopolitical certainties that we once took for granted have disappeared, and Roubini says we are now facing a period of severe instability, conflict and chaos. He offers a sobering analysis of 10 "megathreats" that are interconnected, immense in scale, and bearing down on us. Hear more as Roubini predicts what is likely to unfold if we don't reverse course and act now. SPEAKERS Nouriel Roubini Professor of Economics, New York University's Stern School of Business; Author, MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them; Twitter @Nouriel In Conversation with Barry Eichengreen George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley In response to the COVID-19 pandemic, we are currently hosting all of our live programming via YouTube live stream. This program was recorded via video conference on October 18th, 2022 by the Commonwealth Club of California. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nouriel Roubini is CEO of Roubini Macro Associates and Chief Economist for Atlas Capital Team LP. He is Professor Emeritus at the Stern School of Business (New York University). He has previously served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department. He's the author of many books including his latest: Megathreats: Ten Dangerous Trends That Imperil Our Future And How To Survive Them. In this podcast we discuss the implications of high debt levels, which balance sheets look worrisome, chances of World War and much more.

Nouriel Roubini, Roubini MacroAssociates CEO & 'Megathreats' Author, discusses the "megathreats" facing the US economy. Jean Boivin, Head of the BlackRock Investment Institute, says it's very hard to see something that's a smooth landing in any way. Mary Barra, General Motors CEO, discusses third-quarter results, efforts to address supply-chain issues and electric-vehicle expansion plans. Jordan Rochester, Nomura International G-10 FX Strategist, says the UK is the canary in the coal mine for everybody around the world. See omnystudio.com/listener for privacy information.

Nouriel Roubini, a.ka. "Dr. Doom," became famous for predicting the 2008 global financial crisis. Now, he is back with another grim forecast, in his new book, "MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them." He and Kara discuss the book, his prediction that we're headed towards a stagflationary debt crisis, and US-China relations. Dr. Roubini also explains why cryptocurrency is fundamentally flawed (in fact, he thinks it's less sophisticated than what the Flinstone's had).  Before the interview, Kara and Nayeema discuss Sheryl Sandberg's new report, “Women in the Workplace,” a joint venture by her organization, Lean In, and McKinsey & Company. And they talk about China's president Xi Jinping — who is leaning into a third term as General Secretary of the Chinese Communist Party. Follow us on Twitter @karaswisher and @nayeema to get the banter in real time! Learn more about your ad choices. Visit: podcastchoice.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Amber on economy?   The value of goods that India exports dipped marginally by 1.1% to $32.62 billion in September, reflecting the slowing global demand especially in the US -- our top export destination – and in Europe. India's outbound shipments had hit a monthly record in March 2022 at $42.2 billion. And this is the first contraction in exports since February 2021. Meanwhile, imports fell below $60 billion for the first time in seven months at $59.35 billion, but were 5.44 per cent higher than a year ago. The trade deficit, which stood at $26.73 billion for September, was almost 19 per cent higher than a year ago. The Commerce Ministry highlighted that the deficit in September was an improvement over the $28.68 billion reading for August. But, at the same time, it explained that exports in certain sectors had seen a decline due to the slowdown in some developed economies and the resultant slowdown in demand. It added that exports had also been impacted by some of the measures taken to tackle domestic inflation and food security concerns. Compared to last year, engineering goods, drugs and pharmaceuticals, chemicals, readymade garments, rice, and cotton yarn and handlooms saw a contraction in September. Together, these are six of the country's top ten export products. Exports of cotton yarn and handloom products recorded the sharpest decline, shrinking 41.4 per cent year-on-year to just $767.5 million in September from $1.31 billion. On a worrying note, engineering goods exports, which have been the driver of India's exports performance of late, declined 17 per cent year-on-year to $7.81 billion from $9.41 billion. But, electronics goods exports came out as a bright spot, jumping 64 per cent to $1.9 billion. The bright spot – India's service industry   On the other hand, India's services exports have shown resilience. They grew 15 per cent to $23.54 billion in August, according to provisional data. In July, services exports increased by 20.2 per cent year-on-year to $23.26 billion. In December last year, analysts at Crisil said in their report that the Indian government's goal of achieving $1 trillion in goods exports by fiscal 2028 needed a reality check. One of the factors they listed for being cautious was the fact that the country's exports were highly sensitive to global growth shocks. Even before the onset of the Russia-Ukraine war, they had warned that the emerging global environment was set to become more challenging. In September this year, the Export-Import Bank of India also said that exports could be shadowed by softening global commodity prices, a possible slowdown affecting major trade partners, and the inflationary pressures and tight monetary policies around the world. And the world is bracing for much more challenging days ahead. Economist Nouriel Roubini has said that a global recession will set in by the end of the current calendar year and last through 2023. Roubini, who correctly predicted the 2008 financial crisis, has said that the US, along with the rest of the world, is about to face an ugly and long recession. World Trade Organization Director-General Ngozi Okonjo-Iweala has also said that the world is “edging into” a global recession. The WTO is expected to lower its 2022 trade growth projections next month. In April, it had lowered its projection for growth in merchandise trade this year to three per cent from 4.7 per cent previously. Since external trade accounts for half of India's GDP, it could face an economic downturn if a global recession does hit. The country will have to brace for lower merchandise and services exports. But, commodity prices are also correcting. Going forward, they are expected to come down significantly. This would cut the import bill and boost consumption, which would push the growth momentum. What about free trade agreements? India has returned to the FTA negotiating table after a long hiatus. While agreement

In one of the most stark warnings yet of a pending recession, famed economist Nouriel Roubini, nicknamed Dr. Doom, says this next recession could start by the end of 2022, stretching into 2023. In a recent media interview, Roubini, the man who correctly predicted the 2008 financial crisis, said in a run of the mill recession, the S&P 500 could slump by 30 percent. In a real hard landing, which he expects, that drop could be as much as 40 percent. Roubini's searing forecast is picked up in this CONVERSATION by DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP as he debates the escalating debt in the US economy with MAT VAN ALSTYNE, ODEON co-founder and managing partner. BOVE believes the US is now at a turning point and will firmly grapple decades-long growth in ballooning debt as the US faces a recession. “We can't go back to a system of printing money when we are in trouble,” he says. VAN ALSTYNE disagrees. He sees a short term strategy of tamping down America's red hot inflation. But in the long term, he expects the government to unfortunately resort to further money printing to fund the mounting cost of entitlement and other programs. Roubini has says the next recession could be “severe, long and ugly.” The CONVERSATION looks at signs of trouble in China's troubled Belt and Road Initiative Program. JOHN AIDAN BYRNE notes how some of the loans by China to foreign borrowers have now gone sour, raising more problems for China which is also managing internal challenges such as a housing crisis. The CONVERSATION looks at current events in other economies in the news, including the UK and Italy and examines the impact of the soaring US dollar. BOVE repeats his call for some form of “Plaza Accord” to manage and contain the latest wave of currency volatility triggered in large by the rising dollar. VAN ALSTYNE while such an idea has merit, it is hard to imagine major nations of the world with disparate agenda, gathering to hammer out a practical deal. Bank CEOs are grilled on Capitol Hill. Meanwhile, the financial rape of Fannie Mae and Freddie Mac continues, according to BOVE. E-Mail Questions & Comments: Podcast@OdeonCap.com

El economista dibuja un escenario de estanflación mientras empresas como Ford lanzan inflation warning

John Stepek is leaving MoneyWeek. I've known for a while, but as his final day was yesterday and we have just had his leaving drinks, so the implications are just sinking in. I first started writing for MoneyWeek in 2006, which means John has been my editor for 16 years. Week in week out, he's had to plough through my twaddle. I reckon I have written at least 800 Money Mornings in that time (one Money Morning per week for 16 years), though the figure is probably closer to a thousand, as I've often written two per week. Plus the stuff I've written for the main mag. Each Money Morning averages 1,000 words, often more, so I make that close to a million words of mine that John has read, suffered and edited. What a saint.  A happy accidentI've been racking my brains as to a memorable and suitable present to buy him, to say thank you. Then it came to me. What more appropriate way of expressing my gratitude than through a Money Morning itself. For all our plans, for all “the best laid schemes o' mice an' men”, life has a habit of taking the accidental route and so it was with my relationship with John. Although it never went, “gang aft a-gley.” Now if John was editing this, he would demand that I explain that Scottish poet Robbie Burns reference. I would say, “everyone knows that quote, we don't need to explain it.” John would insist we do. And, in order not to patronise those that do know it, I would then find a way of explaining that “gang aft a-gley” means “go wrong” without overtly looking like I am explaining it. The result would be something along the lines of what you've just read. You now know, if you were in any doubt, that “The best laid schemes o' mice an' men. Gang aft a-gley” is a quote by Scottish poet Robbie Burns meaning, “even good plans go wrong”, but you don't feel patronised because I've explained it, while apparently talking about something else. I learned how to do that through working with John.In MoneyWeek, of course, usually what needs explaining isn't a great Scottish poet, but some incomprehensible financial or mining jargon. Back to the point. My relationship with both John and MoneyWeek all happened by accident. Back in 2006, as a jobbing comedian and voiceover artist, I had made a bit of money and I was trying to figure out what to do with it. In fact, specifically, I was trying to figure how to turn the pot I had into three or five million quid in order that I could make the musical Kisses on a Postcard happen. I didn't entirely trust the fund managers I had met to achieve the unrealistic and astronomical multiples I was hoping for. So I started a podcast and began interviewing all these clever people I saw talking on the internet, such as Jim Rogers, Jim Dines and James Turk, to see if I could figure out a plan. Commodities and gold in particular seemed the route, and the show was called Commodity Watch Radio. One of the people I interviewed was Merryn, who said did I want to write a newsletter about commodities? I said I wasn't sure I was equipped to do that. She said come into the office and have a chat. In I went to meet Merryn and the then MD Toby Bray. There was also some quiet bloke in the corner, John Stepek. We agreed that thrusting me into a newsletter might be a little premature, but John had started this daily email, Money Morning, and perhaps I could start writing, say, one per week and then we'd see how it goes and take it from there? Fine, I agreed.Here we are 16 years on and it's still going. A temporary plan became permanent. A bit like Income Tax. MoneyWeek's quiet, consistent rock Clarity has always been one of John's priorities, but also neutrality. “You're great on the financial stuff and the macro stuff, Dominic, but when you get onto politics, you get ranty. You confirm the biases of those who agree with you, you annoy those who don't and you alienate the undecided,” he once said to me. That expression has always stayed with me: “alienate the undecided”. In today's polarised worlds, if you want notoriety, it pays to be an Owen Jones or a Tucker Carlson, but that was never measured John's priority, nor is it the MoneyWeek way, which aims to stay broadly neutral on politics. John has always edited my stuff quickly and well, but he's never been precious about his edits. I, on the other hand, am a control freak, and John has let that be. He doesn't seem to mind me re-editing his edits - no control freak he. The resulting compromise has almost invariably been a better piece.  I have learned so much about writing in our time together. I always wanted to be a writer. I went to drama school because all the best writers started out as actors. But, bizarrely, it wasn't the entertainment industry that ever gave me the break. It was finance, MoneyWeek, Merryn Somerset Webb and John Stepek. I've since written three books, several films and endless content, as you probably know. And here's the bizarre thing: in all that time, I'd say I have met John in person fewer than ten times. Our entire relationship, one of the most successful professional relationships of my life, has been conducted almost entirely by email. Occasionally we speak on the phone, but rarely.  Who says in this new age of digital nomadery we actually need to meet the people we work for? John must get more emails than Gary Lineker does complaints and yet throughout all of that time he has always replied to me promptly and thoroughly. It sounds trivial. But I've had book editors who don't reply to emails, and it's a blooming nightmare. Communication breaks down. I usually reply to emails quickly as well, and that has been key to our success. I once heard Merryn describe John as her rock, and he really has been that to the entire MoneyWeek operation. A pillar of quiet consistency, happy for those he edits to get the praise and the glory, while he quietly gets on with it.  He can be strong and stubborn when he needs to, but he's also been very much live and let live, tolerant of his contributors' eccentricities and idiosyncrasies – embracing of them even. In all that time, we have never had a falling out. In fact, I can only recall one angry word. I had been trying to write a hugely witty debunk of some nonsense from Nouriel Roubini on gold, in the same ten-point format of Roubini's original article. But I couldn't write it to the 10-point Roubini template – we obviously think differently – with the net result that the article I submitted was both late and unpublishable. It meant John had to write a last-minute replacement when he had better things to be doing, such as getting that week's magazine to print. No wonder he had the hump. I've spent this entire article praising John as an editor and I have't even got to his writing talents. And yet they are what his new employer has signed him up for.  He's a great writer too.John, thank you so much for everything. I will be forever grateful. I wish you the very best of success in your new job. And you will, I've no doubt, have it. Because fortune favours the prepared.PS I forgot to mention the attention to detail.This article first appeared at Moneyweek. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

ROUBINI "SE APRÓXIMA RECESIÓN SEVERA" | FUERTE SISMO de 7.1 en Filipinas | RUSIA sorprende a FMI

Nouriel Roubini, Roubini Macro Associates CEO & TheBoomBust.com Co-CEO, says the idea of a short, shallow recession is a delusion. Bruce Kasman, JPMorgan Chief Economist and Head of Global Economic Research, thinks the Fed will begin pulling back on tightening sooner than next year. Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says financials will perform well, even through a mild, technical recession. Steven Englander, Standard Chartered Bank Global Head of G10 FX Research, expects 2023 to be a weak dollar year. See omnystudio.com/listener for privacy information.

The global appeal of Italy's fashion, food and sports cars long ago proved that the country's businesses have few equals when it comes to marketing abroad. But selling Italians themselves on the merits of the nation's economy has been a bigger challenge. Italy's politicians, central bankers and academics contend the global capital of style can't reach its full potential until it persuades more of its own citizens to seek employment. In this week's episode of “Stephanomics,” reporter Alessandra Migliaccio explores why 2.6 million Italians who could be looking for work aren't. Bank of Italy Governor Ignazio Visco discusses how the country has one of the lowest labor force participation rates in Europe, and that demographic trends aren't likely to make things better. The number of Italians between 15 and 64 is expected to fall by 5 million over the next 15 years, with many of those remaining living in the nation's economically disadvantaged South. To be sure, other countries have seen workforce challenges throughout the pandemic. But Italy faces unique structural problems, Rosamaria Bitetti, an economist and lecturer at Luiss University in Rome, tells host Stephanie Flanders. First, Italians tend to spend more time in school and away from work, partly because the nation's university system encourages students to linger, Bitetti said. Other challenges include a dearth of childcare providers and a growing elderly population that relies on younger generations for care. Finally, economist Nouriel Roubini (nicknamed Dr. Doom for his often ominous predictions) lives up to his billing as he warns that the US, UK, euro zone and other advanced economies have little hope of avoiding recession. During a talk at the recent Qatar Economic Forum, Roubini said the combination of Russia's war on Ukraine, inflation, a Chinese Covid-zero policy that's hurting supply chains and loose monetary and fiscal policies suggests “a situation similar to the 70s.” See omnystudio.com/listener for privacy information.

Nouriel Roubini, Roubini Macro Associates CEO and TheBoomBust.com Co-CEO, says a stagflationary debt crisis is on the way. Joseph Stiglitz, Nobel Laureate & Columbia University Prof of Economics, says the fiscal stimulus is what is keeping our economy strong. Robert Doll, Crossmark Global Chief Investment Officer, expects earnings growth to decelerate. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, says to get vaccinated, but to act unvaccinated. David Rubenstein, Host of Peer-To-Peer Conversations & Carlyle Group Co-Chairman and Co-Founder, discusses his interview with Shondaland CEO Shonda Rhimes. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Nouriel Roubini, NYU Stern School of Business Professor & Nourieltoday.Com Host, says the Flintstones had a better monetary policy system than Bitcoin. Paul Sankey, Sankey Research Founder and Lead Analyst, says the situation in Texas is an energy crisis. Michael Gapen, Barclays Chief U.S. Economist, says he is looking for solid growth this year. Lauren Sauer, Johns Hopkins Assistant Professor of Emergency Medicine, says we must readjust what normal looks like. Charles Kantor, Neuberger Berman Long Short Fund Senior Portfolio Manager, says the opportunity to short is large. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Nouriel Roubini, NYU Stern School of Business Professor, warns the global economy faces a risk of a slow recovery or even another slump along the way unless a coronavirus vaccine is found. Jonathan Golub, Credit Suisse Chief U.S. Equity Strategist, the market is shrugging its shoulders about the next quarter of earnings. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says there is a significant divergence in terms of both behavioral and attitudinal measures of investor sentiment. Gene Munster, Loup Ventures Managing Partner, discusses Apple's $2 trillion milestone and Tesla's relentless rally. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Nouriel Roubini, NYU Stern School of Business Professor & NourielToday.com Host, expects a two-quarter recession from the coronavirus crisis. Andrew Bailey, Bank of England Governor, says the BOE is not ruling out any further measures, after rates remained unchanged. Marcus Ashworth, Bloomberg Opinion Columnist, breaks down the BOE decision. Ben Laidler, Tower Hudson Research CEO, says the growth of the labor market after reopening will be reasonably slow. David Page, AXA Investment Managers Head of Macro Research, expects U.S. unemployment to peak in May. Jason Farley, Johns Hopkins University Professor of Nursing, explains how genetics could affect a person's response to COVID-19. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Greg Boutle BNP Paribas U.S. Head of Equity and Derivative Strategy, expects a lot more market volatility from here. Jean-Sébastien Jacques, Rio Tinto CEO, says the company is prepared for uncertainty from the coronavirus. Jimmy Whitworth, professor of international public health at the London School of Hygiene & Tropical Medicine, warns of the potential impact of the coronavirus on sub-Saharan Africa. Nouriel Roubini, NYU Stern School of Business Professor and Roubini Macro Associates Chairman, says markets are delusional about the coronavirus's impact on the global economy. Jeanne Zaino, Iona College Political Science Professor and Bloomberg Political Contributor, says the Democratic primary process does not work to the benefit of the Democratic party. Michael Nathanson, Moffettnathanson Senior Research Analyst, says Bob Chapek was the natural choice to replace Bob Iger as Disney CEO. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com