Apr. 21, 2022
Robert Shiller’s Cautionary Tale and Today’s Markets
Today, the equity markets are displaying many of the same worrying traits that Shiller identified in 2000.
It’s not surprising that risk management is becoming a primary concern for investors.
In this white paper, we revisit the 12 factors Schiller identified in the first edition of his book, Irrational Exuberance, to examine which factors are still relevant to today’s markets and discuss some new factors not in play 22 years ago that investors need to consider.