Stocks could fall 40% in a collapse mimicking the Great Depression, famed economist Gary Shilling says

· *The stock market faces a reckoning when investors come to terms with the coronavirus' long-term economic damage, legendary economist Gary Shilling said.*
· *Shilling — who correctly called the housing-market crash of 2008 — told CNBC that equities could tank up to 40% once such realizations are made. *
· *Such a drop...