Nouriel Roubini's Three Reasons Why Stocks Are Bound to Fall

Anyone ever seen this cat NOT look disheveled? Poor old Roubini. If we'd listened to him 6 months ago we'd have left a 30%+ ride on the table. Also, for anyone interested, here's someone that keeps Roubini honest. As they say, even a broken clock is right twice a day. See below. http://www.erictyson.com/articles/20081024_1

The markets have already fallen. They will tank as people begin to lose the last vestages of trust in coporate America and the government. People sense that integrity and a general immorality of the government/corporate leadership, as they apply to the American people, has diminished. Investment in the markets will be seen for what they have become. Gambling with a deck of cards that is marked for people with the resources to control the markets. Once this reality becomes widely acknowledged, combined with the continued erosion of the USA, the markets will be abandoned by main street.

This variables do not mean crap today, why are they going to mean anything tomorrow? This market is being manipulated today and until the recession corrects itself.

There will be no retest,despite the interviewers' persistent short bias. Roubini is very astute, but 1) volatility can be a good thing when the pressure and momentum is upward. It remains so despite the recent shallow pullback. 2) the earnings surprises will be positive for financials and materials in the coming quarter, down for retailers and services. 3) the emerging markets are still growing, albeit at slower rates. Even Roubini predicts growth. Inflation is a threat, as are petroleum prices. I think Blodget and Task were short in the market from March thru the present. Too bad...the guys missed a historic long buy opportunity. They have been nattering nabobs of negativity since then. :)

This economic problem was caused 100% by the government and Fed. Just two things caused it. The community development act of 1972 and ultra low interest rates. Yet the government is suggesting the cure is to regulate industry! Incredible! We get out of this trap when the government corrects the problems it created and even then it will be the private sector that solves the problem. So far the government has done zero to correct the mistakes it made. Nor does it intend to correct them. Rough ride ahead folks.

Sweet mercy, did you really trot this clown out again? Give me some news or intereresting commentary...

Dr. Roubini might be correct in the near future. The market could go down worse than Dr. Roubini's expectation. One thing Dr. Roubini should also point out is that stock investment is for very very long term. 10 years, 20 years, 50 years and 80 years..forever, you can say.

Q is how the down side scenario can be avoided, what can be done to avoid the double dip beacuse that would be horrific especially after all the spending Feds did. Possibly leading to a potential stagflation - an ugly one!! As he said limited weapons are left in the arsenal to fight that, does he have any suggestions to avoid it?

Why can't he comb his hair and tie his tie? What a slob!

But...despite everything it seems he was right. Before the subprime meltdown, he was preaching "doom and gloom"....and he was right as rain. Don't be so disrespectful of someone that knows a lot more than you and I. Unemployment ramping up clearly points to more loan losses- whether they be credit card debt, home loans or auto loans. Sounds like more bank losses to me...with the consumer tapped out, there is no catalyst for growth for quite some time as everyone scrambles to deleverage. Sorry, no more refinancing and taking out of equity...that trade is over...and with gas prices ramping up this spells trouble as disposable income gets squeezed even further. The man is simply telling it like it is.....

Where in the ---- do you guys come up with these losers? I'm about ready to pull the plug on Yahoo. I'm sick and tired of all the negative, doom and gloom. You scare the ---- out of people and seem to thrive on it.

President Banana has doomed the economy with his trillions of dollars stolen from future generations. The trillion dollar man has simply pushed back the day of reckoning a few years with his stolen loot. Notice President Bananas socialist solution of stealing rather than creating something, eg bring back jobs from China. To be expected from a "community organizer", ie he has no idea how the real world works. And how did he become a muli-millionaire as a "community organizer". How do people get rich from organizing/helping the poor?

I put all my money in the Happy Sugarplum Duckbum Fund. I like their no nonsense approach of accentuating the positive while eliminating the negative. I think Garrity and Sonders both recommended it

Anyone who would agree to talk to HB shouldn't be trusted. Guilt by association :-)

He needs to go on a diet. How can someone who can afford to feed himself so well, be wrong?

This is typical crap from a college professor. The aggressive interventions will only prolong the depression. Some of the money created will probably find its way into the stock market. Don't play everything short.

This guy believes in government action and attributes the modest recovery to date to massive stimulus. I disagree, stabilizing the financial system is what has allowed a recovery, though that was helped by emergency government input. He doesn't discuss all the pros and cons of things because he's just a big macro economist and doesn't examine actual businesses or sectors so I don't know how he can say corporate earnings will disappoint. He's another one of these global thinkers who generalize and theorize too much and has never been involved in the real business world.

You've got to give this clown credit, he's found a way to keep his face in the media.

Tech Pricker again has Dr. Houdini on. We know what happened to Houdini. Houdini made one lucky call and now he all knowing. Another idiot in my book.

William M, you mention that Mr. Roubini luckily forecasted the collapse of the real estate market. I'm not an expert in economics, just a sales professional trying to make a living in this less than desirable economy. Any dimwit could have an did forecast the collapse of the real estate market, we just didn't say it on TV. I can remember my wife and I discussing the crazy real estate market and how our house was not worth the price that the last similar model sold for. It was obvious the market was way overheated and we knew it would fall eventually! Many of our friends and neighbors felt the same way. Sure enough, it soon fell hard! I guess I should be on Yahoo or any of the other financial news programs as an expert!