Yale professor and Nobel laureate Robert Shiller popularized the cyclically adjusted price-to-earnings ratio, but he’s moved on to a different metric called the excess CAPE yield, contends an article in…
Tag: Robert Shiller
Robert Shiller Looks Back on the First Roaring Twenties
“It’s worth looking back more closely,” writes Robert Shiller about the “countless comments suggesting that we are entering an exuberant decade that echoes the one of a century ago.” This…
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…
Robert Shiller Would Not “Cash Out” of Pricey Stocks
In a December interview with CNBC, Nobel Laureate Robert Shiller offered his view of market movements, saying that vaccine optimism has placed the economy at a turning point. Although Shiller…
Shiller's Perspective on the Pandemic Stock Market
In a recent article for Advisor Perspectives, Nobel laureate Robert Shiller discusses the recent, confoundingly positive performance of the stock market against a backdrop of negative news. Shiller writes, “At…