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Prominent economist Nouriel Roubini, renowned for his bearish forecasts before the 2008 financial crisis, has partnered with Atlas Capital Team Inc. to launch the Atlas America Fund under ticker USAF on Nasdaq.
What Happened: This innovative exchange-traded fund is strategically designed to navigate and address the complex economic challenges arising from evolving geopolitical and fiscal landscapes.
The fund’s conceptualization traces back to President-elect Donald Trump‘s administration, emerging from growing concerns about the dollar’s global financial role and potential inflationary pressures.
Roubini, telling Bloomberg, expects heightened volatility in the coming years, cautioning that even a “mild version” of Trump’s protectionist trade policies could disrupt the market.
Roubini, famously known as ...
