Experience Stern | News & Events

Excerpt from Financial Times (German Edition) -- "If all investors really behave as so-called rational agents, the average returns and the volatility of market prices would be a whole lot lower," says Thomas Mertens.

Excerpt from The Daily Beast -- "To restore a stable pattern of inclusive growth—the kind that truly lifts all boats—the first step is to reduce the debt loads in these economies, not suddenly but systematically."

Excerpt from Project-Syndicate.org -- "The massive volatility and sharp equity-price correction now hitting global financial markets signal that most advanced economies are on the brink of a double-dip recession."  Additional coverage appeared on Truthdig.com, Slate.com, TodayOnline.com, Business Daily Africa and Aljazeera.

Excerpt from The Business Times -- "Studying auction prices alone gives some insight into the art market. Art.net, the Mei-Moses Art index and Astron.net (Chinese art) are all useful references."

Excerpt from PR Newswire -- "PwC US today announced that Paul DeNicola is joining PwC's Center for Board Governance as a director."

Excerpt from Diamond News -- "Scott Galloway discussed the strategic importance of social media in luxury marketing ... "

Excerpt from MarketingProfs.com -- "Time Magazine, People, and Self earned the top three spots among a list of 87 prominent magazine brands for exceptional marketing performance across digital, social, and mobile channels, according to the newly launched L2 ThinkTank Digital IQ Index, which measures and ranks the digital competence of magazine brands."

Excerpt from Seeking Alpha -- " ... mentioned in a New York University paper by Professor Edward Altman, is the intuitively obvious fact that the mix of industries in the high yield universe also influences the aggregate default rate."

Excerpt from the Australian Broadcasting Corporation -- "The way I've calibrated it is if the major industrial countries experience very low growth, they can sustain the growth, but if we take a big downturn, they can't replace the lost aggregate demand."

Excerpt from Reuters blog -- "Maybe a handful of gurus can warn of an impending crash — Prof. Nouriel Roubini comes to mind." Additional coverage in The Guardian and New York Magazine blog.

Excerpt from the Sydney Morning Herald -- "The Nobel Prize-winning economist, Michael Spence, who advised China on its latest five-year plan, thinks the China growth story can continue for two more decades."

Excerpt from Technorati -- "From the Private Sector, you have the globally renowned experts such as Nouriel Roubini who shot to fame after he predicted the 2008 crash."

Excerpt from The Telegraph -- "'Spain is the reality everyone is ignoring,' warned Nouriel Roubini, the bearish US economics professor, addressing a recent conference in Madrid."

Excerpt from The Atlantic Wire -- "The numbers speak for themselves, tweets New York University economist Nouriel Roubini: 'The Second Gilded Age: share of income earned by top 1% is now back to 1929 level at the onset of the Great Depression.'" Additional coverage appeared in Calgary Herald.

Excerpt from WJBC Radio -- "Richardson says that mortgage giants Fannie Mae and Freddie Mac may have grown to be “too big to fail” but, despite the size and financial interconnectivity of these government backed enterprises, failure was inevitable."

Excerpt from ABC News -- "Also elected to the [Coolidge Foundation] board are author and historian Amity Shlaes, who is writing a biography of Coolidge." Additional coverage appeared in the Ruthland Herald.

Excerpt from The Pioneer -- "Nobel Prize winning economist Andrew Michael Spence has neatly summed up the situation: 'Growth and employment are set to diverge.'"

Excerpt from TimeLive.com -- "[Al Gore] will share the stage at the Discovery summit with international thought leaders such as Dr Nouriel Roubini, a professor of economics at New York University."  Additional coverage appeared on Moneyweb.com, Creamer Media's Engineering News and BizCommunity.com.

Excerpt from Auburn Journal -- "Prof. Roubini is probably best known as the earliest and most accurate predictors of George Bush's economic recession."

Excerpt from International Business Times -- "NYU Economics Professor Nouriel 'Dr. Doom' Roubini said unless there's another round of massive fiscal stimulus or a universal debt restructuring, capitalism will continue to experience a crisis due to a systemic flaw first identified by economist Karl Marx more than a century ago."  Additional coverage appeared in International Business Times, Newser.com, The Australian, The National, Market Oracle, Romania Insider, The Economic Voice, two Guardian pieces, Financial Times Alphaville, GLOBES, Financial Times, Hurriyet Daily News, SocialistAlternative.org, Morning Star and ekathimerini.

Excerpt from Toronto.com -- “'I would argue that NCIS is just as much a phenomenon today as the major reality shows are,' says Poltrack."  Additional coverage appeared on Toronto.com and STLToday.com.

Excerpt from The New York Times -- "Aswath Damodaran, a finance professor at New York University, says the true rate for a 'risk-free investment,' which had been assumed to be the 10-year Treasury yield, now needs to be “approximated,” a procedure heretofore required for emerging markets."

Excerpt from The Wall Street Journal -- "Viral Acharya, a professor of financial economics at New York University, said that when CDS spreads widen, stock prices typically fall."

Excerpt from Delanceyplace.com -- "Nevertheless, Fannie and Freddie do deserve special atten­tion. Currently, as of August 2010, the Treasury has injected a total of $148.2 billion into these entities."

Excerpt from The St. Petersburg Times -- "During the Republican presidential debate in Ames, Iowa, on Aug. 11, 2011, former Massachusetts Gov. Mitt Romney revived a line he first used in his June 2, 2011, presidential announcement at a farm in Stratham, N.H."