Charting Stocks

What a wild ride these past few weeks have been. Only a month or so ago the Dow Jones Industrial Average traded down to 6,500 amid an onslaught of catastrophic economic news. The market has since rallied 25% from its low with insolvent banks such as Citigroup and Bank of America quadrupling in value. Jim [...]

The stock market will drop as major banks go belly up says Nouriel Roubini, the NYU economist that successfully predicted the current economic collapse. Below is the text from an interview Mr. Roubini gave  today on Bloomberg TV.
U.S. stocks will fall and the government will nationalize more banks as the economy contracts through the end [...]

The media spends too much time repeating the optimistic outlooks of economists and strategists who’ve been wrong for 3 years. I like to focus on those who clearly saw this recession/depression coming. Among those who correctly predicted this crisis was NYU professor Nouriel Roubini.
Professor Roubini Monday offered the opinion that the US recession could drag [...]

This video originally aired in December of 2007 in a classic Bull-Bear debate on the “Goldilocks Economy.”
The Bear, Dr. Nouriel Roubini, accurately predicted the coming crash as Brian Westbury, Chief Economist at First Trust, offered anecdotal evidence to support his Goldilocks theory such as parking availability at shopping malls and the number of empty [...]