Confounded by this wacky stock market? You’re not alone.
Robert Shiller, the 69-year-old acclaimed economist who helped create the Case-Shiller home-price index, is having a tough time deciphering this U.S. stock market too.
The 2013 Nobel laureate and Yale University economics professor told MarketWatch that this volatile, post-financial-crisis market, in which interest rates have been at or near zero since 2008, is “a great enigma.”
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