The Latest Breaking News from Nouriel Roubini

Larry Fink tells investors more ‘shutdowns and seizures’ in US possible and predicts inflation and interest rates to rise

While inflation showed signs of slowing, it is still far from the Fed’s target. Moreover, a tight labor market strengthens the case for higher rate hikes. Hence, fundamentally strong stocks Stellantis (STLA), General Motors (GM), Textron (TXT), and Modine (MOD), which look well-positioned to whether a market downturn, might be…

The man dubbed "Dr Doom", US-based economist Nouriel Roubini, is warning that the world faces a "perfect storm" of high inflation, rising interest rates and recession that will be "the worst of all worlds for workers".

December’s GDP was boosted by us all cranking up the heating. Actual economic growth has not looked so weak in decades

Content-generating A.I. will probably enhance human labor rather than make it obsolete.

Higher interest rates and costs are the biggest threats, the economists said.

The economist says we face some of the worst problems of the past, plus new ones to boot.

Financial historian William Quinn says crypto is either the smartest “Ponzi” or the stupidest “bubble” in history: “And the truth is probably somewhere in the middle.”

“I think you occasionally get a turning of the investment and economic age, and we're at one of those now after over a decade of near-zero interest rates,” said George Ball, chairman of Sanders Morris Harris.

China-U.S. tensions, rising public and private debts, and climate change are just a few of the “MegaThreats” the global economy is facing.

Even if the U.S. economy experiences only a “short and shallow” recession, “Dr. Doom” sees stocks falling another 15%.