Emerging markets, commodities are best bets: roubini
Emerging markets, commodities are best bets: roubini"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Investors facing a global economy that is moving back and forth between "risk on" and "risk off" should look to emerging markets and commodities, Nouriel Roubini,
chairman of Roubini Global Economics, told CNBC Thursday. In the long term, emerging markets "are going to be growing much faster than developed economies," Roubini said, speaking
at the Russia Forum in Moscow. But inflation is a concern in emerging markets, which are behind the curve in tightening monetary policy and where two-thirds of consumption is food and
energy, he said. Advanced economies may see a jump in headline inflation, but core inflation, which excludes food and energy prices, is not currently a problem, Roubini said. While commodity
prices are jumping, advanced economies are seeing unit labor costs falling and wages growing less than productivity, he said. The exception is the United Kingdom, he added. Sharp rises in
commodity prices also raise a risk of turmoil in Middle East countries affecting the global economy, Roubini said. Three out of the last five recessions have been due to oil shocks because
of political shifts in the Middle East, he said.
Trending News
Liverpool transfer news: upamecano blow, diop enquiry, mustafiLiverpool's Premier League title defence hasn't quite gone to plan this season. Defensive injuries haven'...
Df68. Mainstreaming slope stability outcomes. (seacap21 presentation).DF68. MAINSTREAMING SLOPE STABILITY OUTCOMES. (SEACAP21 PRESENTATION). CONTENTS * Abstract * Citation * Links ABSTRACT T...
Farage threatens boris saying he'll take action if uk not free from euMarking the one year anniversary since the Brexit Party won a landslide in the 2019 European Parliament elections, Mr Fa...
Histamine h3 receptor antagonists potentiate methamphetamine self-administration and methamphetamine-induced accumbal dopamine releaseABSTRACT Methamphetamine administration increases brain levels of histamine and neuronal histamine attenuates several of...
Kate and william mull major decision - royal expert speaks outIngrid Seward said the royal couple may feel “more secure” with six-year-old Prince George attending a boarding school, ...
Latests News
Emerging markets, commodities are best bets: roubiniInvestors facing a global economy that is moving back and forth between "risk on" and "risk off" sho...
Pubg down: battlegrounds offline for training mode updatePUBG developer Bluehole is about to take the game offline for maintenance, as Battlegrounds gets a new training mode. Ba...
Solarcity appoints a two-person committee to decide whether to sell to teslaWhen Elon Musk's electric car company offers to buy Elon Musk's solar power company, you better believe things...
Research report: special educationParents who use the Individuals with Disabilities Education Act’s complaint procedures are significantly more likely to ...
The 100 season 7: will murphy have a big role in final series?The 100 will be coming to an end next year on The CW with a seventh and final outing. Season seven will see the story fo...