
Making Sense of Sky-High Stock Prices
Nov 30, 2020 , et al. explain why soaring equity valuations in five world regions may not be as absurd as many people think.
Robert J. Shiller, a 2013 Nobel laureate in economics, is Professor of Economics at Yale University and the co-creator of the Case-Shiller Index of US house prices. He is the author of Irrational Exuberance, Phishing for Phools: The Economics of Manipulation and Deception (with George Akerlof), and Narrative Economics: How Stories Go Viral and Drive Major Economic Events.
Nov 30, 2020 , et al. explain why soaring equity valuations in five world regions may not be as absurd as many people think.
Jul 7, 2020 explains why US equity prices remain afloat when cratering demand is dragging down investment and employment.
Mar 31, 2020 shows how the financial contagion triggered by the COVID-19 crisis has taken on a life of its own.
Aug 30, 2019 thinks an economic downturn could upend a public story that has persisted and grown for nearly 50 years.
Mar 29, 2019 examines what investors in US equities were thinking when prices reached their nadir in March 2009.