Shiller on Cape and corrections | FT Markets
- 5 years ago
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Nobel prize-winning economist Robert Shiller is best known for the Shiller P/E multiple, which has produced accurate valuations of the US stock market. In recent years it has grown controversial. FT's John Authers asks him about the limits of Cape, and about investors' growing fear that stocks are too expensive.
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Nobel prize-winning economist Robert Shiller is best known for the Shiller P/E multiple, which has produced accurate valuations of the US stock market. In recent years it has grown controversial. FT's John Authers asks him about the limits of Cape, and about investors' growing fear that stocks are too expensive.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes