Gary Shilling says the stock market could see a 1930s-like decline

Stocks could be poised for a big drop similar to the market’s decline during the Great Depression, according to financial analyst Gary Shilling. In a CNBC interview, Shilling said the stock market could plunge between 30-40% over the next year as investors realize the economic recovery from the coronavirus recession could take longer than expected.
https://www.cnbc.com/2020/07/06/gary-shilling-says-the-stock-market-could-see-a-1930s-like-decline.html