This week host of Retirement Lifestyle Advocates radio, Dennis Tubbergen, talks with Dr. A. Gary Shilling, publisher of the Insight newsletter, about the state of the US economy and the possibility of a recession. Dr. Shilling points out several recessionary indicators, such as declining consumer intentions to buy houses and cars, declining consumer confidence, and a decline in small business hiring intentions. He expresses concerns about the high valuation of US stocks, which he believes are overpriced compared to earnings and other investments, and suggests that a correction of 20-30% or even larger could be possible. Ultimately, he believes that US treasuries will rally in the future as the Fed eases rates and inflation subsides.

Dr. A. Gary Shilling is an American financial analyst and commentator who appears on a regular basis in publications such as Forbes magazine, The New York Times, and The Wall Street Journal.  He is also the author of the monthly newsletter INSIGHT and the book “The Age of Deleveraging.” You can get a free copy of the INSIGHT newsletter by calling 888-346-7444.

For more information about our guest, Dr. A. Gary Shilling, or to inquire about his Insight newsletter, please visit www.agaryshilling.com.