Shilling Says Fed Action Won't Make Much Difference

Aug. 9 (Bloomberg) -- A. Gary Shilling, president of A. Gary Shilling & Co. and a Bloomberg View columnist, talks about the global economy, the U.S. housing market and Federal Reserve policy. He speaks with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance." (Shilling is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)