Gary Shilling. (Photo via Gary Shilling)
While some economists are forecasting a rebound in the second half of the year, Gary Shilling expects the current recession will continue throughout this year and into the next.
Coincidentally, Fed Chairman Jerome Powell recently said almost the same thing when he told 60 Minutes that "a full recovery could stretch through the end of next year; we really don't know."
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Bernice Napach
Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.
