Dr. A. Gary Shilling, President of A. Gary Shilling & Co., an economic consulting firm and a registered investment advisor, joins Julia La Roche on episode 157 for a wide-ranging conversation on the economy.
In this episode, Dr. Shilling discusses the current economic picture, including the possibility of a soft landing and signs of a potential recession. He highlights the narrowing focus of the stock market and the amount of speculation in certain areas. Dr. Schilling also discusses the labor market, the Federal Reserve's interest rate policy, and the impact of inflation on interest rates.
Elsewhere, he shares his investment themes, including the US dollar and the preference for US Treasuries. Dr. Shilling addresses the debt situation in the US. He also points to the risks in commercial real estate.
He concludes by emphasizing the importance of finding hidden flaws and going against the consensus in making investment decisions.
You can Access Dr. Shilling's monthly newsletter INSIGHT by calling this toll-free number (1-888-346-7444) or visiting his website (https://www.agaryshilling.com/).
00:00 Introduction and welcome Dr. Shilling
01:01 Current macro picture, economy isn’t looking like it’s going into a major recession
06:21 Not a healthy economy, highly dependent on labor market and employment
07:07 Federal Reserve and interest rate policy
10:09 Consumer bifurcation
11:35 Interest rates
17:40 Hidden flaws
21:00 Investment themes
25:35 US Treasuries
27:26 Debt situation in the US
32:12 Bubble on the radar? Commercial real estate
36:42 Conclusion
The Julia La Roche Show