What Worries Nouriel Roubini About Global Growth?

Nouriel Roubini says many of the risks to the global economy have abated and things are looking up.

Thanks to bold moves by the world’s central banks, global economic growth this year should be closer to 2% rather than the “anemic” 1% of the past few years, Roubini said at an event hosted by Aberdeen Asset Management in New York.

But — and there’s always a but — Roubini has a list of six things he believes could derail the economic recovery. It’s worth remembering that Roubini correctly predicted the housing crisis and ensuing financial crash in 2008.

1. China headed for a bumpy landing.
2. The Fed moves too fast.
3. The Fed moves too slowly.
4. Emerging markets face new headwinds.
5. The Ukraine-Russia conflict escalates.
6. The rise of China.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza