Nouriel Roubini's Vision for a New Safe Haven Asset

In this episode of the Odd Lots podcast, the focus is on the rising worries about stagflation, featuring insights from economist Nouriel Roubini. He explores the potential economic effects of a Trump administration, presenting two distinct scenarios: one where pro-business policies stimulate growth and lower inflation, and another where protectionist strategies result in stagflation. Roubini also highlights the diminishing effectiveness of the traditional 60/40 investment portfolio in an inflationary climate and introduces his new ETF, the Atlas America Fund, which aims to serve as a modern alternative to conventional defensive assets by hedging against various macroeconomic risks, including inflation and de-dollarization. Additionally, the conversation delves into the future of the US dollar's global standing and the complexities of managing a weaker dollar without causing market turmoil.