NYU Professor Nouriel Roubini’s econ meta-site, RGE Monitor, has grown impressively. Along with Head of Global Research Brad Setser, the two have amassed an enormously comprehensive source list for all things Macro-Economic, and in a relatively short period of time. (I have been privileged to contribute to the site).
The Professor lives and teaches in NYC, but he definitely maintains an Italiano sensibility. To wit: a compilation of articles discussing both the up and downside risks for 2006, most suitably labelled Inferno and Paradiso.
It has something for Bull or Bear alike:
Inferno: Downside Risks for the Global Economy in 2006?
• Trends and Forecasts for the U.S. and Global Economy in 2006
• In the best of times, it’s wise to ponder the worst
• The Top Ten Financial Risks to the Global Economy
• A Gift That Should Keep on Giving
• Some worries for 2006
• Soros sees chance of US recession in 2007
• Reasons to Pout?
• Martin Wolf: Readiness should be all in this new year
and
Paradiso: Upside Risks for the Global Economy in 2006?
• Global growth may accelerate this year
• Sustaining Global Growth in 2006
• 2006 Outlook
• United States: A Perfect Soft Landing?
• Top-10 Economic Predictions for 2006
• Economic Outlook for 2006
• Global growth momentum continues amid renewed concerns over US consumer resiliency
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Rejoice or weep to your heart’s content!
I keep wondering what positive events could occur that are not already in the consensus forecast. I can see only very low probability ones like falling oil prices or really good employment figures, so I put downside risks as greater than upside ones currently. A roller coaster year overall.