Is the Miraculous Economic/Market Balloon Coming Back to Earth?
- by: Hank Berkowitz
- January 29, 2018
Many of you have been sprinkling the term “animal spirits” into your blogs and articles lately and referencing the Shiller CAPE ratio. Good stuff. That’s why we’re sharing Robert Shiller’s piece from yesterday’s NY Times with you: Consumer Confidence Is Lifting the Economy. But for How Much Longer? Shiller, originator of the eponymous Cyclically Adjusted