Gary Shilling: US in Recession Now or Within 3 Months, Deleveraging Will Take 5-7 More Years

Gary Shilling: US in Recession Now or Within 3 Months, Deleveraging Will Take 5-7 More Years

August 13, 2012 0 By News Desk
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Gary Shilling: US in Recession Now or Within 3 Months, Deleveraging Will Take 5-7 More Years In a Daily Ticker Interview with Henry Blodget, economist Gary Shilling makes the case the US is already in recession. "We’ve had three consecutive months of declines in retail sales," says Shilling, president of A. Shilling & Co., an economic research and forecasting firm

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Gary Shilling: US in Recession Now or Within 3 Months, Deleveraging Will Take 5-7 More Years