US financial bubble ready to burst – Robert Shiller

US financial bubble ready to burst – Robert Shiller

More and more investors are expressing concern that US stocks are overvalued, which may result in a major bear market – characterized by falling prices and widespread pessimism, Nobel laureate in economics Robert Shiller told the FT.

Studies have shown that the level of uncertainty among investors has peaked since the end of the dot-com boom in 2000, said Shiller.

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