Never a believer in the recovery, Gary Shilling says stocks "have gotten way ahead of...

|By:, SA News Editor

Never a believer in the recovery, Gary Shilling says stocks "have gotten way ahead of themselves" and that there's a 30% chance the devilish S&P 666 low of March 2009 will be retested before the secular bear market ends. But he sees Treasuries as a way to make money in this market, anticipating a 3% yield on the 30-year bond.