US

Gary Shilling: 2 Things Make Copper A More Reliable Economic Indicator Than Oil

There are two commodities that are watched particularly closely for their abilities to predict the direction of the global economy: copper and oil.

Economist Gary Shilling is bearish on both.

Shilling recently invited Business Insider to his home where he explained to us, among other things, why copper is a more reliable economic indicator than oil.

In this segment, he explains.  He also explains why he thinks China’s economy is headed toward a hard landing.

 

Produced by Kamelia Angelova & Robert Libetti

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