Option Trading Partners
Market News – NeInstead of focusing on a possible interest rate hike from the Federal Reserve, investors should be worried about nosebleed valuations in U.S. equity markets and a possible stock market bubble. At least, that’s according to Nobel Prize-winning economist Robert Shiller.
Measuring the stock market’s current valuation by his cyclically adjusted price earnings ratio-which is price divided by 10-year average earnings-Shiller says “the market valuation is higher than it’s been, except 1929, 2000 and 2007,” which were ominous years for financial
The post Robert Shiller: U.S. Stock Market Entering into Bubble Territory appeared first on Profit Confidential.
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