Market prophet Gary Shilling warns stocks could crash 30% — and says the odds are 'very much in favor of a recession'

Tue, 03/05/2024 - 07:18

Tech Insider

Economy

• Stocks may crash 30% and a recession could hit within months, Gary Shilling said.
• The star forecaster said stocks are super pricey and flagged several signs of economic strain.
• Shilling predicted the housing market would rebound in time, and dismissed de-dollarization fears.

A legendary market prophet has warned that overpriced stocks may come crashing down, and a recession might strike within months.

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Markets, economy, mi-exclusive, Markets, Stocks, gary-shilling, a-gary-shilling-company, us-markets-and-economy, stock-market-bubble, stock-market-crash, merrill-lynch, Inflation, Recession, federal-reserve, interest-rates, housing-market, consumer-spending, sp-500

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Market prophet Gary Shilling warns stocks could crash 30% — and says the odds a…