We’re already in recession, here’s what to do, says economist who called last bubble


Stock markets are looking like hard work for the day ahead, thanks largely to escalating tensions between the U.S. and Iran.

Investors, who are awaiting this week’s G-20 get together between President Donald Trump and China’s leader, are now juggling a tense war of words between Tehran and D.C. Just words, we hope.

We could use a bit of good news right about now. Enter our call of the day, from economist Gary Shilling, known for predicting bubbles like the housing debacle of 2008. Shilling talks about another worry for investors — a big bad recession – in an interview with digital financial media group Real Vision.

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