Shilling: Beware the Ides of December: consumer holds the key

I met Gary Shilling a couple of weeks ago when we were both speaking at The Moneyshow in Toronto. A long time market vet, he has remained steadfastly bearish on the prospects for a consumer-led “V” recovery. Today he sat down with Aaron Task and Henry Blodget to explain why soaring stock markets have so far not changed his thinking on the kind of recovery we are likely to see in 2010-11.

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