Sep 25, 2013

Higher Interest Rates Will Be A Negative For Commodities Prices

“You probably want to be underweight in bonds, and overweight in equities, mainly in the United States. Higher interest rates will be a negative for commodities prices.” - speaking at Index Universe’s Inside Commodities 

Related ETFs: SPDR Gold Trust ETF (GLD), SPDR S&P 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets ETF (EEM), iShares MSCI Brazil Index ETF (NYSE:EWZ)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.