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'Dr. Doom' Warns of Stagflation Shock if Trump Wins
By
ALM Staff
October 09, 2024 at 03:09 PM
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What You Need To Know
- Nouriel Roubini citied higher tariffs, devaluing the U.S. dollar, and taking a tough stance on illegal immigration as policies that could slow the economy and spark inflation.
- He recommends gold, short-term duration bonds and TIPS to hedge against these risks.
- Roubini calls tech a long-term play and says much of the hoped-for productivity gain from AI has been priced in.
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