In a recent interview in Forbes, Nobel laureate Robert Shiller says that the stock market is not as overvalued today as it was in 2007 — but it’s getting darn close.
Yale Economist Robert Shiller says that some tech stocks look and feel like they are in a bubble right now, but that it doesn’t seem as bad as the late 90s tech stock bubble. Shiller tells Bloomberg that the market overall is “on the high side and it’s being driven by technology recently, but it’s not like it was [in the late 90s].” He notes that his 10 year cyclically adjusted price/earnings ratio was nearly… Read More
Are we in the midst of another tech bubble? Recent headlines proclaimed that noted bubble-caller and Nobel Prize-winning economist Robert Shiller had said so, but in his latest for Canada’s Globe and Mail, Validea CEO John Reese says that’s not the case.
Nobel Prize-winning Yale Economist Robert Shiller recently appeared on WealthTrack and offered some of his thoughts on where he’s been finding value in the stock market.
The world often wants top investors and economists and strategists to give advice. But what’s the best financial advice that those great minds have received? The Wall Street Journal posed that question to a number of top thinkers recently. The respondents include Nobel laureates Robert Shiller and William Sharpe, as well as investment gurus Carl Icahn and Seth Klarman. A few of the responses dealt specifically with not falling prey to short term thinking. “An… Read More
While many bears have pointed to the 10-year cyclically adjusted price/earnings (CAPE) ratio as a reason to avoid U.S. equities, Yale Economist and recent Nobel laureate Robert Shiller — who helped popularize the metric — says U.S. stocks still “should be a part of a portfolio”. Shiller tells Bloomberg Surveillance that, though the U.S. market is relatively highly priced according to the CAPE, it’s “not that overpriced”, and given the alternatives he thinks investors shouldn’t… Read More
Yale Economist Robert Shiller says the market looks overpriced, but not so much so that you should avoid stocks. “I’m not really saying don’t invest in stocks,” Shiller tells CNBC’s Futures Now. “[But] don’t expect miracles. He says the market’s valuation looks “high by historical standards, but it’s not super-high. I’d say it’s suggesting — based on historical evidence — real returns of something like 3 percent a year for the next decade.” Shiller also… Read More
Yale Economist and housing guru Robert Shiller says that he doesn’t think the U.S. housing market is in “boom territory”, but he does compare the current environment to the start of the late 1990s/early 2000s housing boom . Shiller tells FOX Business Network that he thinks home prices will probably keep going up for another six to 12 months. But after that, he says he’s not sure, as he’s worried that an environment of housing… Read More
Confidence: It’s one of the main drivers of economies and stock markets. But as Yale Economist Robert Shiller points out in a recent New York Times column, we still know little about how it works. “There is considerable hope that the markets are heralding a major development: that Americans have lost the fears and foreboding that have made the financial crisis of 2008 so enduring in its effects,” Shiller says. “Hope is a wonderful thing. But… Read More
Yale Economist Robert Shiller says he thinks stocks are priced to return less than their historical averages, but that they should still be a substantial part of an investor’s portfolio. “The important thing is that you never get completely in or completely out of stocks,” Shiller tells Business Insider in discussing the 10-year cyclically adjusted P/E ratio, which uses inflation-adjusted earnings over the past decade as a way to value stocks. “The lower CAPE is,… Read More