It appears that stock investors are not discouraged by the highest inflation in decades or the resulting increase in bond yields, according to an article in Bloomberg. As analysts struggle…
Tag: Narratives
Robert Shiller on the Narratives Driving the Market
In a recent WealthTrack interview, Nobel Laureate Robert Shiller discussed the narratives that are driving the markets and offered advice to investors on the best way to stay in the…
Excess Returns, Ep. 36: Have the Fed, Narratives and Passive Flows Broken Fundamental Investing?
Valuing a company (or the market in general) typically involves looking at its price and judging that price relative to its current and projected future fundamentals. But some have argued…
Shiller: What People Say Can Set Off Recession
While economic and monetary policy as well as “leading indicators” can provide insight regarding the state of the markets and the economy, “they have severe limitations as forecasting tools. This…
Robert Shiller Says a Data Revolution is Coming
Nobel Laureate Robert Shiller says we are facing a revolution rooted in a “huge acceleration in the amount of data available to researchers,” which he discusses in his new book…