Gary Shilling Part 1; Chris Puplava on EM Capital Outflows
In today’s Big Picture, we are airing two recent FS Insider episodes, including the first part of our 42-minute interview with Gary Shilling yesterday and a conversation with Financial Sense Wealth Management’s Chris Puplava from June 1st on problems facing emerging markets. In the first part, Gary discusses the US housing market and why, even with prices higher than 2005, he argues against the idea of housing being in a bubble. In the second part, Chris Puplava explains how to assess the risk of contagion, why emerging markets and other areas are experiencing problems and his outlook for the market as a whole.
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