S&P 500 Will Drop 43%: Shilling
Money manager, economist and AdvisorOne contributor Gary Shilling is out with another bold prediction, one that might have legs. Shilling says that the S&P 500 will drop 43% from its recent level this year.
Lagarde Warns of Dangers of Cuts Before Davos
Ahead of the meeting of policymakers in Davos next week, Christine Lagarde, managing director of the International Monetary Fund joined with members of the Global Issues Group of the World Economic Forum to warn against policies that aim only for cuts and jeopardize chances for economic growth.