Gary Shilling is a legendary market forecaster, economic consultant, investment adviser, and bestselling author. He is the President of A. Gary Shilling & Co., an economic consultancy, and author of the A. Gary Shilling’s Insight, a monthly report of economic forecasts and investment strategies. He is also the longest-running columnist at Forbes magazine, where he has been challenging the consensus since 1983. Shilling is a frequent contributor to the financial press, and also appears on radio and television business shows. He has published numerous articles on the business outlook and techniques of economic analysis and forecasting. Prior to establishing his own firm, he et up the Economics Department at Merrill Lynch, Pierce, Fenner & Smith at age 29, and served as the firm’s first Chief Economist.
Gary Shilling Professional Experience / Academic History
Professional Experience
Academic History
CURRENT AFFILIATIONS
Board of Economists, The Nihon Keizai Shimbun
Board of Directors, American Productivity and Quality Center
Board of Directors, Palm Harbor Homes
Board of Directors, Epispocal Preaching Foundation
EARLY CAREER
Shilling served on the staff of the Federal Reserve Bank of San Francisco and Bank of America.
Prior to establishing his firm in 1978, he was Senior Vice President and Chief Economist of White, Weld & Co.
He was with Standard Oil Co, now ExxonMobil, where he was responsible for U.S. and Canadian economic analysis and forecasting.
He is a former Director of the American Republic Life Insurance Co. of N.Y., the Henry H. Kessler Foundation, Inc., Aim Packaging and Palm Harbor Homes; and a former Chairman and Trustee of the New Jersey Shakespeare Festival.
He also was an informal economic advisor to former President George H. W. Bush and an Executive-in-Residence at the Amos Tuck School of Business Administration, Dartmouth College.
FORECASTING RECORD
In 1969, he was among the few who correctly saw that a recession would start late in the year.
He forecasted the world was entering a massive inventory-building spree to be followed by the first major worldwide recession since the 1930s.
He was the first to predict that the changing political mood of the country would lead to an end of severe inflation, as well as to potentially serious financial and economic readjustment problems, and a shift in investment strategy from one favoring tangible assets to an emphasis on stocks and bonds.
RECOGNITIONS
Institutional Investor Wall Street's Top Economists
MoneySense 3rd Best Stock Market Forecaster
MEDIA & PUBLICATIONS
Shilling is a well-known speaker where he often addresses national and international business groups.
His articles appear in The Wall Street Journal and The New York Times, among others.
He has also been featured or quoted in CNBC, Forbes, Business Insider, Bloomberg, American Banker, Yahoo! Finance, Barron's, MoneyShow, and MarketWatch.
He has testified before various Congressional committees, including the Joint Economic Committee and the House Committee on Banking.