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Legendary Economist Foresees 30% Drop In Stocks, Predicts Recession And Fed's 'Credibility' Issue
Monday, November 20, 2023 - 4:03am | 488Esteemed economist Gary Shilling has issued a stark warning of a potential 30% drop in stocks, an impending recession, and a bubble in the commercial real estate market on the brink of bursting. According to a report by Business Insider, Shilling, known for accurately predicting the 2008...
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Peter Schiff and Gary Shilling Go Head to Head
Tuesday, December 7, 2010 - 3:58pm | 174In an interview on Yahoo's TechTicker, Aaron Task sat down with Peter Schiff of Euro Pacific Captial and Gary Shilling of A. Gary Shilling & Co. for a good, ole fashion head to head. For those not in the know, these two individuals are complete opposites—one severely worried about inflation (...
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Afternoon Update (HPQ, MS)
Thursday, August 12, 2010 - 3:41pm | 172According to Gary Shilling, Americans are correct in their belief that the economy has not bottomed as yet and that the US has just seen the beginning of a prolonged period of economic depression. Although his forecast for the GDP growth of an average of 2% for the next ten years is not bad, it is...
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Gary Shilling Says Housing Price Have Further to Fall (XHB, PHM)
Thursday, June 17, 2010 - 12:09pm | 222Gary Shilling, head of economic research firm A. Gary Shilling & Co., was just interviewed on Tech Ticker. The investing legend said that he thinks house prices have another 10%-20% to fall. If that wasn’t bearish enough, he also posited that this fall would happen over the next three years,...
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Housing Prices Will Drop Another 10 To 20 Percent
Wednesday, June 16, 2010 - 3:06pm | 90On Yahoo Tech Ticker, Gary Shilling stated that the housing market has not yet bottomed. Shilling is the head of economic research firm A. Gary Shilling & Company. According to Tech Ticker, Shilling "thinks house prices still have another 10%-20% to fall. He thinks this fall will happen over...
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Gary Shilling Sees GDP Growth At 2% Over Next Decade
Tuesday, February 9, 2010 - 4:03pm | 168Noted permabear Gary Shilling sees U.S. real GDP growth at 2% over the next decade. He also foresees more problems for the housing market when he shared his views with Tech Ticker today. On housing, Gary Shilling says inventory remains high and forecasts another 10% drop in prices. He thinks it...
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What Gary Shilling is Selling in 2010
Tuesday, January 12, 2010 - 2:14pm | 81Gary Shilling has said his piece for 2010, and eleven specific areas are 'sells' in his view. Here's what Shilling suggests NOT owning this year: 1. U.S. stocks in general 2. Home-builder and selected related stocks 3. Big-ticket consumer discretionary equities 4. Banks & other financial...