Dec. 15 (Bloomberg) -- Gary Shilling, president of A. Gary Shilling & Co., talks with Bloomberg's Margaret Brennan and Erik Schatzker about the outlook for the U.S. economy in 2010. Shilling also discusses consumer spending and sentiment, the jobs market and government stimulus programs.
Shilling thinks the unemployment will have to drop below 8.5% before the stimulus measure be withdrawn.
Overall,Shilling is a bear and for 2010, consumer spending (or lack of) concerns him the most.
(Source: Bloomberg)
Shilling thinks the unemployment will have to drop below 8.5% before the stimulus measure be withdrawn.
Overall,Shilling is a bear and for 2010, consumer spending (or lack of) concerns him the most.
(Source: Bloomberg)
