Loading...

THE “DUAL ECONOMY” AND “OVERPRICED” STOCKS

These were very good thoughts from Davos courtesy of Robert Shiller of Yale and Patrick Kron, the CEO of Alstom.   They discuss the “dual economy” – the growing divergence between growth in emerging markets and developed markets.  Shiller elaborates on the equity markets in the USA and describes them as “overpriced”.  He also says home prices are likely to fall further.

Source: CNBC

Comments are closed.