Robert Shiller recently wrote a great article in The New York Times titled – ‘Gut Feelings’ Are Driving The Markets in which he discusses why the U.S stock market is trading at a very high level today. The data shows where the market stands, but doesn’t tell us how it … Read More
Robert Shiller: What People Say About the Economy Can Set Off a Recession
Here’s a great article written by Robert Shiller that appeared recently in The New York Times. Shiller illustrates how the spread of economic narratives drives human behavior in investing, and how it might impact the next recession saying: When will the next recession arrive? Economists are evaluating such factors as … Read More
Nassim Taleb: Economists Don’t Predict Better Than Cab Drivers. Typically A Little Worse, Often!
Here’s a great interview with Nassim Taleb and Bob Shiller hosted by Nick Paumgarten at The New Yorker Summit. The panel is discussing economics, economists, and their role in finance. Taleb is asked the following question: Paumgarten: Is Economics Even A Science? And here is his Taleb’s response: Taleb: No, no, … Read More
Shiller vs Siegel: The Bull & The Bear On Current Market Valuations
Two Finance Professors that we follow closely here at The Acquirer’s Multiple are Yale Professor of Economics, Robert Shiller and Wharton Professor of Finance, Jeremy Siegel. Both were interviewed recently by CNBC regarding their outlook on current market valuations. Shiller says, “Current market conditions make the market look dangerous”. While Siegel says, … Read More