Gary Shilling, the president of A. Gary Shilling & Co, has predicted a doomsday scenario for the stock markets.
Shilling was Merrill Lynch's first chief economist till 1978. He started his own economic-consulting and investment-advisory firm in that year.
In "The Julia La Roche Show" interview, he warned that the stock markets could crash and plunge 30%.
He predicted an imminent recession, citing key indicators such as the inverted yield curve and…
Famous economist warns that stock market may crash 30% due to imminent recession in the USA
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