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The steady anemic global recovery led by the United States means investors ought to overweight U.S. equities, Nouriel Roubini, the New York University economics professor known as “Dr. Doom”.

Roubini, said the United States is leading the world out of recession.

"You probably want to be underweight in bonds, and overweight in equities, mainly in the U.S.,” Roubini said.

"While the U.S. is definitely recovering, much of its allure is that it’s more attractive than other parts of the developing world, notably Europe"

“The fiscal problems in the U.S. are severe, but on a relative basis, they’re not as severe as in Japan, the eurozone and the U.K.,”
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