The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says
That could be the final blow to the stock-market rally fueled by investor overconfidence, causing stocks to drop by as much ...
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Gary Shilling: 30% Stock Drop 'Easily' Possible
Gary Shilling suggested on a webcast Thursday. He said that equities easily could be in for a 30% drop. Such a fall could come as a "big shock" to many market watchers, he warned, noting that ...
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Gary Shilling says the S&P 500 may crash 30%, a recession will hit — and bitcoin and AI are both overhyped
A legendary market prophet has warned that the S&P 500 could crash 30% to a three-year low ... "Stocks are very expensive and very distorted," Gary Shilling told Business Insider in an interview.