Thursday, May 15, 2014

Fixing the Shiller CAPE

Part 1, why the Shiller CAPE has been distorted since 2001 and is giving an erroneous signal that stocks are massively overvalued – is awesome.  Part 2, why everything will be wonderful forever, is forgettable and unpersuasive.

http://philosophicaleconomics.wordpress.com/2013/12/13/shiller/

 

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