What Will Cause The Next Recession - Gary Shilling Thinks It's The Fed
Financial analyst Gary Shilling breaks down the biggest risks to the U.S. economy, including contagion from emerging markets debt, the Federal Reserve raising rates and potential shocks that could cause stocks to sink.
Gary Shilling has made a career out of predicting bubbles. So what are the big risks he sees out in the global economy now?
It's not necessarily a major shock that could drive the U.S. into a recession immediately, he says; he's concerned about emerging market debt.
He also explains that when the Federal Reserve raises interest rates, historically, it usually damages the economy. It's one of the reasons he's short stocks right now.
He's also short bitcoin, which he calls "some sort of a big Ponzi scheme.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC
#CNBC
#TheFed
Why The Fed Could Cause The Next Recession: Gary Shilling
Видео What Will Cause The Next Recession - Gary Shilling Thinks It's The Fed канала CNBC
Gary Shilling has made a career out of predicting bubbles. So what are the big risks he sees out in the global economy now?
It's not necessarily a major shock that could drive the U.S. into a recession immediately, he says; he's concerned about emerging market debt.
He also explains that when the Federal Reserve raises interest rates, historically, it usually damages the economy. It's one of the reasons he's short stocks right now.
He's also short bitcoin, which he calls "some sort of a big Ponzi scheme.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC
#CNBC
#TheFed
Why The Fed Could Cause The Next Recession: Gary Shilling
Видео What Will Cause The Next Recession - Gary Shilling Thinks It's The Fed канала CNBC
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
![What Will Cause The Next Recession - Robert Shiller On Human Behavior](https://i.ytimg.com/vi/rUYk2DA8PH8/default.jpg)
![Could Household Debt Cause the Next Recession?](https://i.ytimg.com/vi/2-eW_PCVBVw/default.jpg)
![Why skyrocketing federal debt will mean the next recession is harder to overcome](https://i.ytimg.com/vi/vywkyi-iMHI/default.jpg)
![What Will Cause The Next Recession - Joseph Stiglitz On Trump's Protectionism](https://i.ytimg.com/vi/lyzS7Vp5vaY/default.jpg)
![What’s Next For The U.S. Economy: Gary Shilling](https://i.ytimg.com/vi/npLRb5yARZw/default.jpg)
![What Will Cause The Next Recession - Paul Krugman On UBI And More](https://i.ytimg.com/vi/Ja2PY2CnpOQ/default.jpg)
![Gary Shilling explains the only way to beat the market and win](https://i.ytimg.com/vi/w9QoCKbx6d8/default.jpg)
!['The US underestimates it's role in the global economy,' says Mohamed El-Erian](https://i.ytimg.com/vi/vOdgiodOTVE/default.jpg)
![Billionaire Investor Thomas Kaplan Started With Just $10,000](https://i.ytimg.com/vi/kTLBY5NeSd8/default.jpg)
![Low Inflation Haunts the Fed: Here's Why | WSJ](https://i.ytimg.com/vi/IP4_09xaGrI/default.jpg)
![How to Make Money in the World of Deflation | Gary Shilling](https://i.ytimg.com/vi/ev01zc3iEv4/default.jpg)
![COVID-19 will hit economy 3 times harder than 2008 financial crisis](https://i.ytimg.com/vi/GBhJA3tGX8U/default.jpg)
![Fed announces rule changes for personal bank accounts](https://i.ytimg.com/vi/8Qfy-UvCmHE/default.jpg)
![Here's What Caused the Great Recession | History](https://i.ytimg.com/vi/yM0uonkloXY/default.jpg)
![The chart that predicts recessions](https://i.ytimg.com/vi/xiiHjrewXNI/default.jpg)
![Gary Shilling on Deflation](https://i.ytimg.com/vi/B_XhLw7YzDY/default.jpg)
![What Is Green Hydrogen And Will It Power The Future?](https://i.ytimg.com/vi/aYBGSfzaa4c/default.jpg)
![Economic Perspective: Extraordinary Events of 2020](https://i.ytimg.com/vi/geqV78icNXk/default.jpg)
![NASA’s InSight spacecraft lands on Mars](https://i.ytimg.com/vi/VBmuTW6uPEw/default.jpg)
![Gary Shilling explains why he won't invest in bitcoin](https://i.ytimg.com/vi/4sptiXFAJuE/default.jpg)