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Robert Shiller: I’m still investing in the stock market ("despite bubble like conditions")
CNBC ^

Posted on 01/22/2014 6:50:32 AM PST by Red in Blue PA

Nobel prize-winning economist Robert Shiller told CNBC at the World Economic Forum that he is still investing in the stock market despite warning of bubble-like conditions.

Shiller said that his own long-term valuation metric for stock markets, which measures price-to-earnings based on average inflation-adjusted earnings over the previous 10 years, was currently high at 25. But it was still well below the record high of 46 reached in 2000.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: finance; investing
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I am not one to sound alarm bells, but to me, they are going off when I read stuff like this.

People do not want to be poorly perceived now as saying anything but positive about the market. Not a good sign of things to come.

Inevitably when things like this happen, a fall comes soon after.

1 posted on 01/22/2014 6:50:32 AM PST by Red in Blue PA
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To: Red in Blue PA

Be real. Nothing will happen before the election to make Obama and the Dems look bad.


2 posted on 01/22/2014 6:54:48 AM PST by petercooper ("I was for letting people keep their health insurance, before I wasn't". --- Barack Obama)
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To: petercooper

The markets are bigger than any one man, any central bank.

They are reflective of the psychology of billions of people.

Politics cannot control that.


3 posted on 01/22/2014 6:56:38 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: Red in Blue PA

Buy American. There is a massive American business opportunity right now.

Almost everything has been de-Americanized.

Bring back the American sources of businesses. Stop selling out our own country.

This is the huge opportunity which awaits.

Buy American.

Just saying...


4 posted on 01/22/2014 6:56:53 AM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Red in Blue PA

And yout think the crash right before elction day 2008 was a coincidence? Right.


5 posted on 01/22/2014 6:58:12 AM PST by petercooper ("I was for letting people keep their health insurance, before I wasn't". --- Barack Obama)
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To: Red in Blue PA

The one to watch for is when they insist that the market isn’t going to crash any time soon.


6 posted on 01/22/2014 6:59:03 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Cringing Negativism Network

If it is inefficient and ill cost me money, I will not buy it regardless if it is red, white an blue.

One serves their own self-interest, this means buying companies which will make them money, regardless of their locale.


7 posted on 01/22/2014 6:59:27 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: petercooper

If you are asking if I believe there was a conspiracy to take down the markets, then absolutely not, I do not believe that.


8 posted on 01/22/2014 7:00:25 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: petercooper

Bingo.

The market will be allowed to drop occasionally so as to give the talking heads on CNBC something to wring their hands about, but the market will not be allowed to crash so long as Zero occupies the White Hut.


9 posted on 01/22/2014 7:00:57 AM PST by Arm_Bears (Refuse; Resist; Rebel; Revolt!)
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To: MrB
The one to watch for is when they insist that the market isn’t going to crash any time soon.

I am starting to hear a variant of this more and more.

Journalist: "Do you think the market is overvalue?"

Analyst: "Yes, but........."
10 posted on 01/22/2014 7:01:45 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: Red in Blue PA

Dang! At first glance I thought it said “Robert Shuller” (Chrystal Cathedral). Oh well.


11 posted on 01/22/2014 7:02:30 AM PST by sueQ
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To: Red in Blue PA

Just saying.

America is a huge democratic society.

When our commercial activity, removes enough jobs from the America labor force, to ruin our own economy, it will respond with a forceful reaction.

American businesses will result.

Wait if you want.

I would start looking at American opportunities now.


12 posted on 01/22/2014 7:02:42 AM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Arm_Bears

You people are nuts.

The market is made up of millions of individual buying and selling stocks. I know a lot of people who invest in the market, and not once have I heard a single person say they are buying and selling because of the person in the White House.


13 posted on 01/22/2014 7:03:00 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: petercooper

Look up an interview with Jonathan Cahn on the Harbinger topic. You’ll see what the crash of 2008 was about, and that we should look for something far worse in 2015.


14 posted on 01/22/2014 7:04:04 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Cringing Negativism Network

One of my favorite American companies for the long-term is Starbucks, yet that will be trashed by many here.

This company makes a product which sells at a premium to all others, and still the lines are out the door....in the worst economy in 60 years......with virtually no advertising (when was the last time you saw a Starbucks commercial????)


15 posted on 01/22/2014 7:05:18 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: Cringing Negativism Network
Buy American.

When it comes to the stock market, can you really do that? Even "Amercian" companies have supply chains and operations that stretch out of reach of our soil.

Don't get me wrong, I'm not anti-American business or its workers, but if you're an investor, you have to look at the companies that are performing.

16 posted on 01/22/2014 7:07:55 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
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To: Red in Blue PA

That’s a good point about Starbucks.

Sears, Kmart, and JCPenney can’t get people to buy a shirt, but Starbucks has them lined up for over priced coffee.

I love to hate them, but they do make money.


17 posted on 01/22/2014 7:08:09 AM PST by TheGipperWasRight
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To: TheGipperWasRight

Well they are not selling imports.

(except for the non-beverage stuff, which is made anywhere)

Just saying.


18 posted on 01/22/2014 7:10:08 AM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: TheGipperWasRight

I was a Dunkin Donuts fan for the longest time, until I started researching Starbucks as an investment. The fact that they performed so well through the recession since 2008 showed me all that I needed to know. The fact that they did it without commercials was simply the icing on the cake.

I now have a Starbucks Gold Card and that is my exclusive coffee shop.


19 posted on 01/22/2014 7:10:25 AM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: Cringing Negativism Network

Overall, though, I think the horses are out of the barn on “buy American”.

I remember about 15 or 20 years ago, Walmart had a buy American section in the store. I got the impression it didn’t do so well, so it just faded away.

I don’t think you can buy electronics made here if you wanted to now. Probably clothes, too for that matter.


20 posted on 01/22/2014 7:12:31 AM PST by TheGipperWasRight
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