Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Robert Shiller: How Stories Drive The Stock Market
FYI: Since the stock market began falling at the beginning of this year, there seems to have been a palpable change in the stories we have been hearing. Suddenly there is more willingness to entertain the possibility of a major stock market correction, or of an economic recession. Regards, Ted http://www.nytimes.com/2016/01/24/upshot/how-stories-drive-the-stock-market.html