FYI: Nobel Prize-winning economist Robert Shiller believes a strong earnings season may not be adequate to keep stocks out of the red.
Despite two corrections since February, the Yale University Professor — who predicted both the dotcom bubble of the late 1990s and the housing meltdown that triggered the 2008 financial crisis — contended market valuations are still overvalued.
Regards,
Ted
Nobel Prize-winning economist Robert Shiller believes a strong earnings season may not be adequate to keep stocks out of the red.
Despite two corrections since February, the Yale University Professor — who predicted both the dotcom bubble of the late 1990s and the housing meltdown that triggered the 2008 financial crisis — contended market valuations are still overvalued.
