This Key Metric Rings a False Alarm


This Key Metric Rings a False Alarm
JUSTIN LAHART
The Wall Street Journal Europe
Oct 7 2016

A popular valuation metric pioneered by Nobel Prizewinning economist Robert Shiller says that stocks are dangerously expensive. But it may be sending a false signal. Mr. Shiller gained popular fame with his 2000 book “Irrational Exuberance,” which…read more…

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