Nouriel Roubini Warns That Trump’s Potential Return to the White House Could Lead to Stagflation
Famed economist Nouriel Roubini cautioned that a potential Donald Trump presidency could increase the likelihood of stagflation. Speaking at the Greenwich Economic Forum in Connecticut, Roubini highlighted that Trump’s proposed policies, including dollar devaluation, tax cuts, a strict immigration stance, and trade tariffs, present significantly greater risks of stagflation compared to a potential Kamala Harris presidency.
He noted that these policies could slow economic growth while simultaneously driving inflation rates higher. To mitigate the risks associated with stagflation, Roubini recommends investing in safe havens such as gold, short-term bonds, and Treasury inflation-protected securities (TIPs).