"Doomsday Doctor" Rubini launches an ETF fund to hedge against Trump policy risks.

Nouriel Roubini, a famous economist from the usa known as the 'Dr. Doom', recently launched an exchange-traded fund (ETF) aimed at countering the threats during Trump's second term. On Wednesday local time, Roubini announced the launch of the Atlas America Fund (USAF), predicting that traditional 60/40 investment portfolios of stocks and bonds will disappoint future investors as risks continue to rise. In contrast, his USAF fund will invest in inflation-protected treasury bonds, gold, and real estate.

Global market report.Nov 20 18:53 ET

Express News | Nouriel Roubini and Atlas Capital Team Launch the Atlas America Fund on US Nasdaq (Ticker: Usaf)

ReutersNov 20 09:36 ET

Nouriel Roubini and Atlas Capital Team Launch the Atlas America Fund on US Nasdaq (Ticker: USAF)

PR NewswireNov 20 09:36 ET