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 does Gary Shilling suggest about the path to deflation?

What are the expected yield rates mentioned for the long bond and the 10-year bond?

According to the text, what factors contribute to the expectation of deflation over inflation?

What is the significance of the yield spreads mentioned in the text?

How does the strength of the dollar impact the economic situation described?