Select Page

Robert Shiller, sterling professor of economics at Yale University, discusses the U.S. Federal Reserve’s monetary policy and says that there is a risk of a bear market this year.

Robert Shiller: Risk Of A Bear Market In 2019

if (typeof jQuery == ‘undefined’) {
document.write(”);
}

.first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important}

form.ebook-styles .error,
form.ebook-styles #error {
color:#d00;
}
form.ebook-styles .formfields h1,
form.ebook-styles .formfields #mg-logo,
form.ebook-styles .formfields #mg-footer {
display: none;
}
form.ebook-styles .formfields {
font-size: 12px;
}
form.ebook-styles .formfields p {
margin: 4px 0;
}

Get The Full Warren Buffett Series in PDF
Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q4 hedge fund letters, conference, scoops etc
Transcript
I think that the Fed has been kind of predictable mild ever since Janet Yellen. So I don’t think I don’t think that it’s a it’s a powerful narrative. But it’s it’s it’s not a narrative that I think would generate a turning point in the markets. Well what then. Well I’m thinking that some narratives have been live in the recent past might come back and I’m picking particularly of the narrative that began in the beginning of 2008 18 January February we had a correction in the market a 10 percent decline. And then we had another downturn. Between September and Christmas Eve last year almost on the S&P 500 it went down from peak to trough nineteen point eight percent. It almost made this classical so-called definition of a bear market. These things I think weigh on people’s minds. There’s a sense that maybe it’s finished for people who see a buy signal or maybe it’s going to complete the job and go down further.
That seems to be the question is are we seeing a messy correction and a late

Article From: "Jacob Wolinsky"   Read full article