Noah Smith has a very nice post this morning:Noah Smith: Risk premia or behavioral craziness?:John Cochrane is quite critical of Robert Shiller…. He… thinks that Shiller is trying to make finance less quantitative and more literary (I somehow doubt this, given that Shiller is first and foremost an econometrician, and not that literary of a guy).But the most interesting criticism […]
Stock Market Historic Optimism – What Does it Mean? Stock-Markets / Stock Markets 2014Jan 02, 2014 – 09:18 PM GMTBy: EWI
How do you know when the market is getting ready
for a change? This quote from Bob Prechter’s best-selling book, Conquer […]
Robert ShillerBERLIN (Reuters) – An American who won this year’s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine.
Robert Shiller, who won the esteemed award with two other Americans for research into market prices and asset bubbles, pinpointed the U.S. stock […]