Episode Details

Dr. A. Gary Shilling, President of A. Gary Shilling & Co., an economic consulting firm and a registered investment advisor, joins Julia La Roche on episode 157 for a wide-ranging conversation on the economy. 

In this episode, Dr. Shilling discusses the current economic picture, including the possibility of a soft landing and signs of a potential recession. He highlights the narrowing focus of the stock market and the amount of speculation in certain areas. Dr. Schilling also discusses the labor market, the Federal Reserve's interest rate policy, and the impact of inflation on interest rates. 

Elsewhere, he shares his investment themes, including the US dollar and the preference for US Treasuries. Dr. Shilling addresses the debt situation in the US. He also points to the risks in commercial real estate. 

He concludes by emphasizing the importance of finding hidden flaws and going against the consensus in making investment decisions.

You can Access Dr. Shilling's monthly newsletter INSIGHT by calling this toll-free number (1-888-346-7444) or visiting his website (https://www.agaryshilling.com/).

00:00 Introduction and welcome Dr. Shilling

01:01 Current macro picture, economy isn’t looking like it’s going into a major recession

06:21 Not a healthy economy, highly dependent on labor market and employment

07:07 Federal Reserve and interest rate policy

10:09 Consumer bifurcation

11:35 Interest rates

17:40 Hidden flaws 

21:00 Investment themes

25:35 US Treasuries 

27:26 Debt situation in the US

32:12 Bubble on the radar? Commercial real estate 

36:42 Conclusion