Dr. Doom

Planning for Retirement
Amid Market Mayhem

Planning for retirement? Don't panic. Here's why you should ignore the market mayhem: You have complete control over the most important component of your retirement plan, your contributions.

Tax Cut Deal May Incite Bond Vigilantes, 'Dr. Doom' Warns

Nouriel Roubini, the NYU economics professor who has earned the nickname "Dr. Doom" for his predictions, says he's concerned the tax cut compromise struck by President Obama and GOP leaders could expose the U.S. to bond vigilantes who will drive up bond yields, resulting in higher borrowing costs for the federal government.

Top Economists See Consumers Rebounding Faster

Forget the gloomy predictions: According to Richard Berner of Morgan Stanley, U.S. consumers are a year ahead of schedule in repairing their household balance sheets, giving them the ability to start spending again soon. And the head of the IMF was explicit Monday: A double dip is unlikely.

More doom from Nouriel Roubini

Nouriel Roubini cannot help himself. He is a born pessimist if there ever was one. He forecast the credit crisis two year ago. He predicted that...