ET Now: You are bullish on the US compared to some other countries?
Nouriel Roubini : In
relative terms, the US is going to grow faster than other advanced
economies and since slowly bond yields are going to go higher, you may
want to be gradually underweight on bonds. There will be some gradual
rotation towards equities. Since equity valuations are still high, but
by next year the US economic growth might be closer to potential.