Gary Shilling: What Is the Consensus View Getting Wrong? (w/Ed Harrison)

Gary Shilling, president of A. Gary Shilling & Co., joins Real Vision managing editor Ed Harrison to evaluate the health of the economy and how it impacts the future path of assets such as bonds, real estate, and stocks. Shilling notes that the consensus view—that the economy is going to re-open very rapidly, that inflation is going to come roaring back, and that interest rates will go through the roof—contradicts the lessons he has learned across his storied career in financial markets. Shilling argues that the four-decade-long trend of declining interest rates on U.S. Treasurys will continue, and he shares with Harrison several investment ideas in commodities and bonds that allow investors to be cautious without being actively bearish. Shilling and Harrison also discuss trends such as working-from-home, the residential real estate boom, and the savings glut in Asian countries. Filmed on April 21, 2021. Key learnings: Shilling is very bullish on bonds and views the recent rise in commodity prices with some skepticism. He has his eye on small positions and is only willing to size-up his trades once he has seen confirmation of his thesis. Thanks for watching The Interview, the premier business and finance interview series in the world. Subscribe to our channel now for more videos like this one: https://rvtv.io/subscribe Do you want even more content like this? And to see this video before we release it here? Become a member of Real Vision -- get started for 7 days for only $1: https://rvtv.io/membership About Real Vision™: Real Vision™ is where you can gain an understanding of the complex world of finance, business and the global economy with real in-depth analysis from real experts. Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Facebook: https://rvtv.io/facebook Linkedin: https://rvtv.io/linkedin Gary Shilling: What Is the Consensus View Getting Wrong? (w/Gary Shilling and Ed Harrison) https://www.youtube.com/channel/RealVisionFinance For the transcript visit: https://rvtv.io/TheInterview Disclaimer: This is pretty obvious, but we should probably say it anyway so that there is absolutely no confusion…The material in REAL VISION GROUP video programs and publications {collectively referred to as “RV RELEASES”} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors , agents, suppliers and vendors { collectively, “Affiliated Parties”} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard to any individual’s, group of individuals’ or entity’s specific investment objectives, financial situation or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency or other investment instrument. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances is not necessarily reflective of future performances. Well that was pretty intense! We hope you got all of that – now stop reading the small print and go and enjoy Real Vision.

Added 15 Sept 2026