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Politics : Politics for Pros- moderated

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From: Ruffian	7/15/2009 4:30:59 PM
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The Market's Going to Crash: Here's What to Buy Posted Jul 15, 2009 03:16pm EDT by Henry Blodget in Investing, Recession Our guest Gary Shilling is gut-wrenchingly bearish on the stock market. Specifically, he thinks the S&P is going to fall 35% to 600 by the end of the year. The good news is Gary thinks there are some things you can buy without losing your shirt: * Treasuries * The dollar But isn't inflation going to turn dollars and Treasuries into toilet paper? That's what everyone's saying. They're wrong, says Gary. It's deflation we have to worry about. For the next 10 years, we're going to have chronic deflation, and the economy is going to grow at a paltry 2% per year. See Also: Gary Shilling: The Stock Market Will Crash As Consumers Retrench

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