2013 Noble Laureate & Economist Robert Shiller is worried that US Stocks continue Rising

Nobel Laureate 2013 for Economics, Robert Shiller is worried about a Bubble developing in US Stocks & Real Estate in Brazil

 

2013 Noble Laureate & Economist Robert Shiller is worried that US Stocks continue to Rise and Real Estate in Brazil does too

He is the Yale Professor the World listens too as he correctly predicted the Sub Prime Mortgage Housing Crisis in US  and before that the dot.com bust.

“I am most worried about the boom in the U.S. stock market. Also because our economy is still weak and vulnerable,”  ~ he feels Finance and Technology Stocks are overvalued 

“I am not yet sounding the alarm. But in many countries stock exchanges are at a high level and prices have risen sharply in some property markets.That could end badly.”

Interesting,in this context,to see  how India will pan out in Equities & Realty in the General Election Year 2014

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