Robert Shiller

Famed economist Robert Shiller sees ‘good chance’ of recession

Noble prize-winning economist Robert Shiller said this week that he sees a “good chance” that the US economy will sink into a recession – a warning that came in advance of May Consumer Price Index data that is expected to show another month of persistently high inflation. Shiller, a Yale University professor, said fears among investors and institutions that the economy is on the brink of a downturn could become a “self-fulfilling prophecy.” “The fear can lead to the actuality,” Shiller told Bloomberg in an interview published Wednesday. He placed the odds of a recession within the next couple of years at...
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Robert Shiller Warns Age Of ‘Silent Inflation’ Is Over

[Editor’s note: This article originally appeared on ETF Stream]. London – Professor Robert Shiller has warned that an era of consistent, low ‘silent inflation’ is over and that global economies are entering into crises that may echo high inflationary periods of the 1970s. Shiller is a...

Robert Shiller: Stock, bond, real estate are all uncomfortably high-priced

The prices of stocks, bonds and real estate, the three major asset classes in the United States, are all extremely high. In fact, the three have never been this overpriced simultaneously in modern history. What we are experiencing isn’t caused by any single objective factor. It may be best explained...