Gary Shilling: It's a Surplus World

The video discusses the concept of shilling deflation and its impact on economic trends. It explores the path to deflation, comparing it to a complex journey. The discussion includes market predictions, focusing on yield changes and economic outlooks. Future economic assumptions are made, highlighting the likelihood of deflation over inflation and the role of the US dollar as a safe haven. The video concludes with insights into yield spreads and the impact of a strong dollar.

What is the main challenge discussed in the path to deflation?

• It is an unpredictable and non-linear path.

• It is solely dependent on inflation rates.

• It is influenced by political factors.

• It is a smooth and predictable process.

Which financial expert is mentioned as having been correct about yield trends?

• Steve Major

• Janet Yellen

• Gary Shilling

• Warren Buffett

What yield percentage does Gary Shilling predict for the long bond?

• 3%

• 2%

• 2.5%

• 1.5%

Why is the US dollar considered a safe haven according to the discussion?

• Because it is backed by gold.

• Due to its low interest rates.

• Due to its high inflation rates.

• Because of its stability and global trust.

How do US Treasury yields compare to those of other developed countries?

• They are not comparable.

• They are richer or higher.

• They are about the same.

• They are lower than most.