Nouriel Roubini, Roubini Macro Associates Chairman and Hudson Bay Capital Senior Economic Strategist, says he expects US inflation to slow down and the economy is being powered by the tech boom and not Federal Reserve policy. He speaks on “Bloomberg Surveillance.”
“On this trajectory of higher … growth, US exceptionalism strengthens rather than fades … valuations need not rest on bubble dynamics & should deliver solid returns despite episodic volatility.”