Nobel Prize winner Robert Shiller: Greater than average chance of recession in the next 18 months

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Robert Shiller says that the state of the economy, housing and stock markets, combined with continued low interest rates, could mean the U.S. is due for a recession. However, he says that human behavior makes it very difficult to make predictions.

Nobel Prize winning economist Robert Shiller says that the state of the economy, housing and stock markets, combined with continued low interest rates, could mean the U.S. is due for a recession.

However, he says that human behavior makes it very difficult to make predictions. The Trump administration and extreme weather events haven't affected markets...yet.

 

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Excuse me! Before the election it was 16,000 and after the election 26,000. I’d say the Trump administration has a great affect especially of people ‘s 401’s . What a dummy! 🤡

But people still try to do it and have jobs trying to do it.

what did he say if trump was elected? did he say markets wld crash like anti trump liberal fool Krugman did?

yup because predicting future of economy using Keynesian economic theory is impossible. USA

🤡

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