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The legendary economist who predicted the housing crisis says the stock market is probably far from the bottom - in a video interview from his bee yard

9 monthes ago   |   By Business Insider

Economist Dr. Gary Shilling says the global economy was already in a recession before the coronavirus pandemic started.
Shilling expects this recession to run at least through the end of the year and says the stock market is probably far and away from the bottom.
Shilling thinks one of the most important things that has happened is the realization of how dependent we are on the rest of the world. As a result, he says, there will be a lot more protectionism which is much more inefficient and will probably lead to fewer domestic jobs.
He says the US is likely going to see big infrastructure...
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