Gary Shilling

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Gary Shilling
Born (1937-05-25) May 25, 1937 (age 86)[1]
Fremont, Ohio, United States[2]
Education
Occupation(s)financial analyst and commentator
Notable work“The Housing Bubble Will Probably Burst” (January 2006)

A. Gary Shilling (born May 25, 1937) is an American

2008 recession
, he wrote an article entitled: “The Housing Bubble Will Probably Burst”. In 2007 he correctly prophesied that housing would "sink the economy".

Biography

Shilling was awarded a bachelor's degree in physics from

Standard Oil Co NJ.[5]

In the spring of 1969, he was one of only a few analysts who correctly envisioned the recession at year's-end,[4] and was almost a lone voice in 1973, when he forecast a monolithic international inventory-building fling, followed by the first significant recession since the Great Depression.

In the late 1970s, while most analysts presumed that waxing

Institutional Investor Magazine.[1]

More than two years before the

2008 recession, he wrote an article entitled: “The Housing Bubble Will Probably Burst” in A. Gary Shilling's Insight.[7][8] In 2007 he correctly prophesied that housing would "sink the economy".[8]

In June 2011, he predicted a 20% drop in housing in 2012 with a resulting global recession.[9] In October 2012 he predicted a global recession in 2013.[10]

In August 2015, he predicted that the price of oil "is headed for $10 to $20 per barrel" (it was $43/barrel at the time) due to higher productivity through fracking and OPEC not limiting production.[11]

References

External links