Light & Verity


Econ professor and Nobel Laureate Robert Shiller opines on the stock market.

Peter Yang

Peter Yang

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“The market is way overpriced. It’s not as intellectual as people would think, or as economists would have you believe.”

—Sterling Professor of Economics Robert Shiller, quoted in a March 14 Bloomberg article. Shiller, famous for anticipating the dot-com and housing bubbles, said he is avoiding adding US stocks to his portfolio; he’s skeptical of the widespread idea that the new administration has brought with it a “new era” in the market.

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