Gary Shilling on Treasuries, U.S. Economy, Budget

Shilling Sees Global Recession, Likes Treasuries

From Oct 19

Gary Shilling on US Deficit, Fiscal Cliff

Gary Shilling Sees China Hard Landing on Export Reliance

Gary Shilling talks about the prospects for global deflation and the Chinese economy.

Shilling: Fed Action Won't Make Much Difference

Gary Shilling: 30-Year Yield to Fall to 2%

Gary Shilling on Bernanke Testimony, US Retail Sales

Gary Shilling Sees US Recession, S&P 800

Shilling sees the 10-year treasury at 1% and the 30-year possibly falling to 2%. To wit: "Even at low yields, even a minor drop in yields still gives you big appreciation."

Housing prices could fall another 20% based on excess inventories of 2M homes which could take 4 years to absorb.

Gary Shilling: US Recession a Possibility

Home Prices to Fall 20% on Inventories

Gary Shilling see S&P 800 and a recession in the US

Gary Shilling, president of A. Gary Shilling & Co., talks about the outlook for the U.S. economy and his investment strategy.

Gary Shilling expects home prices to drop another 20%

Gary Shilling reiterates his recession call

"... this is the age of deleveraging. Look at what banks are doing, they are selling off assets and closing offices and cutting down. They need to improve their equity, reduce their leverage, the stocks are so low, they do not want to dilute shareholders, so they are trimming assets."

Gary Shilling on Europe (Dec 19, 2011)

Shilling sees a deep recession in the Eurozone.

Gary Shilling interview with Bloomberg

Gary has been spot on with his deflation thesis.

Gary Shilling interview on Bloomberg

Gary Shilling interview on Bloomberg
Gary is talking about his usual deflationary theme. He sees the 30y retreating to the 2.5% level it hit in 2008. He's also identified many types types of deflation: financial assets, tangible assets, commodities, wages, goods, and services deflation. He likes medical office buildings and rental apartments as safe havens, but thinks copper will go a lot lower. He continues to be bearish on China, and pooh pooh's their primitive monetary tools.