Some dude with a blog predicts an impending stock-market crash. Well, Robert Shiller, the Nobel Prize laureate, has been predicting a stock-market crash since what, 2016? And the market kept on rising. This is not to imply that a crash or a long period of low returns is not coming, just that the opinions of financial pundits are just that.
Robert Shiller, the Nobel Prize laureate Shiller is an economist not an investor, in 2008 he kept saying that it will take a long time for the markets to recover, even telling it to the famous investors who were invited as guests in the class, the market went up next year.
U.S. stock valuations haven’t been this extreme since 1929 and 2000
81–83 of 83 posts
Re: U.S. stock valuations haven’t been this extreme since 1929 and 2000
#82Earlier quoted context omitted.
And yet, inflation is said to be low. I'm not sure it is.
There are multiple, valid definitions of inflation, thus it can be low and high at the same time. The Treasury Rate and CPI could both be low while real estate or precious metal prices explode. Likewise, real estate prices could be in a freefall while the CPI hits double digits.
"Inflation always and everywhere a monetary phenomenon." -Milton Friedman
Re: U.S. stock valuations haven’t been this extreme since 1929 and 2000
#83Earlier quoted context omitted.
Robert Shiller, the Nobel Prize laureate Shiller is an economist not an investor, in 2008 he kept saying that it will take a long time for the markets to recover, even telling it to the famous investors who were invited as guests in the class, the market went up next year.
Did he say that before or after the US gov bailed out Wall Street?