As Treasurys surge and inflation fails to materialize, Gary Shilling’s macro outlook is once again looking prescient. In his latest “Insight” newsletter he highlighted his portfolio positions in the current environment:
The dollar vs. the euro and Australian dollar
North American energy
Medical office buildings
Sell your house, second home or investment single family houses yesterday, if you plan to do so any time soon.
Developing country stocks
Sell US Major and regional banks.
Source: A Gary Shilling and Co.