Gary Shilling Explains Why The U.S. Economy Might Experience a ‘Delayed’ Recession


Gary Shilling Explains Why The U.S. Economy Might Experience a ‘Delayed’ Recession

Financial analyst Gary Shilling suggests that the U.S. economy could still be headed towards a “delayed” recession despite the current strength in employment. In an interview with CNBC on “The Bottom Line,” Shilling discusses various aspects that could impact the economy moving forward, from key indicators and artificial intelligence to globalization and the upcoming Presidential Election.

Shilling mentions that there has been more strength in employment than expected given the state of business, which could be a sign of potential risks for a recession. He also touches on investor sentiment, the outlook for the labor market, and the relationship between the economy and the Presidential Election.

The discussion also covers the future of globalization and how it could impact the economy, as well as the potential disruptions from artificial intelligence. Shilling provides insights on investment strategy and the ongoing wars versus global business dynamics.

The script and editing for the episode were done by Andrea Miller, with production and camera work by Charlotte Morabito and Jordan Smith. The supervising producer for the episode was Lindsey Jacobson, with additional footage provided by Getty Images. The episode was aired on Tue, 09 Apr 2024 at 16:00:24 GMT.

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