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Prof. Nouriel Roubini offers investment advice

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Excerpt from Bloomberg TV -- "First of all, you have to be diversified. You have to put some of your money in the US, some of it abroad: Europe, emerging markets. I would say that gradually long-term interest rates are going to rise, so you might want to be underweight in bonds. I think that a global recovery is going to occur so you might want to be marginally overweight in equities. You probably want to be underweight today in emerging market equities."

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