RE: Any One In Yet ?23 Jan 2019 12:39
Interesting opinion:
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U.S. stock markets may have recovered slightly from sharp falls at the end of last year, but there’s still a risk of a significant downward trend, Robert Shiller, a professor of economics at Yale University and a Nobel laureate, told CNBC Wednesday.
“I’m not confident of my ability to predict, but I think there’s a risk (of a bear market in 2019), yes,” he said. “I categorize risks in terms of ‘narratives’ and this bear market narrative has taken a strong hold.”
“There is a feeling that the stock market might be due for some deflating now because it’s been a long time, and we’ve seen some hints of it and we haven’t seen the real deflation yet,” he told CNBC at the World Economic Forum (WEF) in Davos, Switzerland."
cnbc.com/2019/01/23/nobel-winner-shiller-says-theres-a-risk-of-a-full-blown-bear-market.html