Gallarotti in Smart Money on ‘Doomsday Portfolios’

Giulio Gallarotti, associate professor of government, was asked recently by Smart Money magazine to comment on creating a ‘doomsday portfolio’ that would brace investors for Great Depression-like conditions. Gallarotti, however, said that while the economy is in recession, it is nowhere near as bad interms of GDP as it was at any point during the Depression.