Personal Finance Insider | GARY SHILLING: Stocks are expensive, and a 'shock' could send them plunging @InsiderPersonalFinance | Uploaded August 2017 | Updated October 2024, 3 hours ago.
Dr. Gary Shilling, the president of A. Gary Shilling & Co., spoke to Business Insider CEO Henry Blodget about the stock market, which he views as expensive, citing the Shiller P/E ratio, which is roughly 40% above its historical norm. He doesn't necessarily see them falling apart, but says they're starting at a high level. Shilling shares his thoughts on the end of the eight-year bull market, saying that some sort of exogenous shock could derail it, as well as tightening from the Fed. He also breaks down his forecast that the 10-year US Treasury will go to 1%, noting that we're more likely to see deflation than inflation, which is beneficial to his forecast.
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Read more: businessinsider.com
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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
Dr. Gary Shilling, the president of A. Gary Shilling & Co., spoke to Business Insider CEO Henry Blodget about the stock market, which he views as expensive, citing the Shiller P/E ratio, which is roughly 40% above its historical norm. He doesn't necessarily see them falling apart, but says they're starting at a high level. Shilling shares his thoughts on the end of the eight-year bull market, saying that some sort of exogenous shock could derail it, as well as tightening from the Fed. He also breaks down his forecast that the 10-year US Treasury will go to 1%, noting that we're more likely to see deflation than inflation, which is beneficial to his forecast.
--------------------------------------------------
Follow BI Video on Twitter: bit.ly/1oS68Zs
Follow BI on Facebook: bit.ly/1W9Lk0n
Read more: businessinsider.com
--------------------------------------------------
Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
