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Gary Shilling: 30% Stock Drop 'Easily' Possible
News October 25, 2024 at 02:18 PM
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What You Need To Know
- The S&P 500 would have to drop over 50% to align with a key long-term valuation average, he noted.
- The economist sees a significant probability for a recession.
- Office vacancies also pose a big threat to the U.S. economy, according to Shilling.
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