One of the things I think is very likely is that with the prospects of robust fiscal stimulus in response to voters mad as hell, the Fed is going to be in there with helicopter money. In other words, they're… — Gary Shilling Copy Share Image
Despite the recent conviction of many that we're headed back to inflation, I think deflation remains the more likely prospect. You've just got too… — Gary Shilling Copy Share Image
One of the things I think is very likely is that with the prospects of robust fiscal stimulus in response to voters mad as… — Gary Shilling Copy Share Image
If someone loves you, they can fall out of love with you but they're probably going to keep fearing you. That's where we are… — Gary Shilling Copy Share Image
[Niccolò] Machiavelli said it's better to be feared than to be loved. — Gary Shilling Copy Share Image
We're in a pretty tumultuous world, and there's a lot of uncertainty. Treasurys are where people go as one of the few safe havens… — Gary Shilling Copy Share Image
Bloomberg TVThe one thing I think is likely to happen under either candidate is massive fiscal stimulus. You have so many voters in Western… — Gary Shilling Copy Share Image
We've seen that in the past that where you've had uncertainty, and even where the Fed is raising rates, Treasurys rise as everybody heads… — Gary Shilling Copy Share Image
A [Donald] Trump win might be bad for stocks, but it would be very positive for the dollar and Treasurys. — Gary Shilling Copy Share Image
OPEC production went from 30 million barrels a day to 33 million. They flooded the market, and it's lost them a lot of money.… — Gary Shilling Copy Share Image
[Donald Trump] is so unpredictable that foreigners are going to look around and say "boy, we've got to head for the safe havens." And… — Gary Shilling Copy Share Image
Treasurys, as low as yields are, are higher than they are in most other developed countries. — Gary Shilling Copy Share Image
If you look back historically at the post-WWII period on average, if you get a 100-basis-point increase in Fed funds, the spillover to the… — Gary Shilling Copy Share Image