Shiller: No Bubble, But US Stocks Very Pricey

Nobel Prize-winning economist Robert Shiller says US stocks are among the most overpriced in the world. But he’s not ditching American equities altogether.

Continue reading

Is It A Bond Bubble? Shiller Weighs In

Nobel Prize-winning economist Robert Shiller — who called both the technology bubble and the housing bubble — says the bond market is not currently fitting the traditional definition of a bubble. But he says that long-term bonds are a risky choice right now.

Continue reading

Shiller: Look For Pockets Of Value Abroad

Nobel Prize-winning economist Robert Shiller says that, while US equities look to be on the pricier side, stocks in other parts of the world are dirt-cheap.

Continue reading

Despite Valuations, Shiller Sticking With Stocks

Nobel Prize-winning economist Robert Shiller says that, while valuations are quite high, he isn’t ditching stocks.

Continue reading

Shiller Talks Valuation, ECB, And College Costs

In a recent interview in Forbes, Nobel laureate Robert Shiller says that the stock market is not as overvalued today as it was in 2007 — but it’s getting darn close.

Continue reading

Shiller: Some Tech Looks Like A Bubble

Yale Economist Robert Shiller says that some tech stocks look and feel like they are in a bubble right now, but that it doesn’t seem as bad as the late 90s tech stock bubble. Shiller tells Bloomberg that the market overall is “on the high side and it’s being driven by technology recently, but it’s not like it was [in the late 90s].” He notes that his 10 year cyclically adjusted price/earnings ratio was nearly twice as high back then as it is now for the broader market. Shiller also talks about his belief that long-term value investing is the best approach to beating the market. And he talks about how using such an approach means you shouldn’t be impacted too much by high-frequency trading issues.

Screen shot 2014-04-10 at 6.36.51 PM

The Gurus Go Old School Tech

Are we in the midst of another tech bubble? Recent headlines proclaimed that noted bubble-caller and Nobel Prize-winning economist Robert Shiller had said so, but in his latest for Canada’s Globe and Mail, Validea CEO John Reese says that’s not the case.

Continue reading