Gary Shilling’s Bearish Prediction Explained Chart By Chart
DEE GILL at YCharts.com put up a series of charts to explain the reasons behind Gary Shilling’s bearish view on economies (see Gary Shilling Sticks To His Quarter, What Do You Do?). The reasoning goes like the following: Consumer Disposable Income lags Consumer Price Index (CPI) (remember the gas price?) that leads to lower saving rate [...]
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