As part of Yahoo Finance Invest, NYU Stern School of Business Professor Emeritus Nouriel Roubini sits down with Yahoo Finance Senior Columnist Rick Newman to break down everything you need to know about the 2024 election. Some of the topics covered include Bidenomics, Former President Donald Trump, and economic policies. Here are the highlights. State of the economy (00:00:06) "Interest rates are higher, higher for longer," Dr. Roubini said. "That may slow down the economy, geopolitical risk, that may lead to a spike in energy prices. And therefore, there are factors that could lead us to a short and shallow recession." Biden, Trump economic policies (00:00:49) Dr. Roubini believes that there is “continuity” between President Joe Biden and Former President Donald Trump in terms of economic policies. He explained, "Biden has passed the IRA Act, but the IRA Act is actually very popular in red states that are investing massive amounts of money into all of this renewable energy. I would say there will be more continuity in terms of economic policy rather than differences between Trump and Biden."