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Nobel laureate Robert Shiller unloads on market excesses, plus an exclusive chat with the ‘Warren Buffett of bonds’

robert shiller

Dear Readers,

If you’re worried about near-record-low Treasury yields and what they say about the health of the global economy, you’re hardly alone. As it turns out, Nobel Prize-winning economist Robert Shiller — who successfully predicted the dot-com bubble of the late 1990s and the housing bubble of the mid-2000s — is also perturbed by the brewing situation.

“Something very strange is going on,” Shiller told Business Insider’s Akin Oyedele in an exclusive interview. “It seems unlikely that interest rates will stay so low for 30 years.”

Shiller also notes that the situation isn’t as simple as read more >>>

Source:: BusinessInsider.Com