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New Gary Shilling Insight


giofranchi
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"The Grand Disconnect between slipping global economies and robust equities, driven by never-ending monetary and fiscal stimuli, is profoundly unhealthy— and a reconnection is inevitable. Of

course, there is that slim, remote, inconsequential, trivial probability that our forecast of deleveraging, of continuing global economic weakness and of recession is dead wrong, and that

all the government stimuli and other forces will revive economies enough to justify current investor enthusiasm. We doubt it, however, as a review of the current state of worldwide economic affairs suggests."

 

Gary Shilling, October 2012

 

giofranchi

insight-1012b.pdf

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