Shiller Says U.S. Stocks Could Go A Lot Higher Before They Fall
- U.S. equity market currently ‘highly priced,’ says Shiller
- Other strategists have highlighted vulnerabilities for stocks
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Near-record U.S. stocks still have scope to zoom to new highs, according to Robert Shiller, the Nobel laureate who’s famed for his analysis of asset-price bubbles and who last year warned that the market was over-priced.
“The stock market could get a lot higher before it comes down,” Shiller said in an interview with Bloomberg Television Thursday. “It’s highly priced, but it could get much more highly priced. It’s a risky market now.”