Economics Nouriel Roubini: Why stagflationary debt crises will damage traditional asset portfoliosLong-term bonds and global equities will suffer, potentially incurring significant losses
Nouriel Roubini: Don’t bet on a soft landing for the global economyThe degree of monetary-policy tightening needed to bring inflation under control will inevitably cause a recession and higher unemployment in many countries
Analysis: The stagflation threat to the global economy is real and growingInflation is rising in many advanced economies, and growth is slowing sharply, despite massive monetary, credit, and fiscal stimulus.
Comment: The ‘Biden doctrine’ has more in common with Trump’s policies than Obama’sThe US President has come out of the gate with a neo-populist economic agenda closer to Trump’s than to that of the previous administration in which he served
Comment: Global economy heading for stagflationary debt crisisConditions are ripe for a repeat of both the 1970s stagflationary shock and the 2008 debt crisis — this slow-motion train wreck looks unavoidable as matters stand
Comment: My advice? Prepare for more upheaval to shake the global economy Markets are not very good at pricing geopolitical or environmental risk, but given the developments of the last few months, we should not be surprised if one or more white swans emerge before the year is out
Comment: The EU has to be willing to complete integration An inert EU response to the economic threat of Covid-19 will leave Europe ill-equipped for the post-pandemic world to the benefit of the US and China
Covid-19: Risk of a second Great Depression grows by the dayUncontained pandemics, insufficient economic responses and geopolitical unrest may be enough to trigger a runaway financial-market meltdown
Reasons to fear the worst as white swans come home to roostA number of geopolitical situations rapidly approaching tipping point could make 2020 the most tumultuous year since 2008
The anatomy of the coming recessionThe next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not be an option