Gary Shilling on grand disconnect between stock prices and growth

Gary Shilling, former Merrill Lynch Chief Economist and President of A. Gary Shilling & Company, says there is a “grand disconnect” between the robust stock market and the economic reality. His advice? Short stocks, buy treasuries and hold cash. Shilling also discussed the debt ceiling and the problem of gold with Pamela Ritchie and Paul Bagnell on The Street. Here is a direct video link to part 2 and here to Part 1.

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