{"id":5171,"date":"2013-12-02T15:51:51","date_gmt":"2013-12-02T15:51:51","guid":{"rendered":"http:\/\/megalextoria.wordpress.com\/?p=5171"},"modified":"2018-04-25T11:14:32","modified_gmt":"2018-04-25T15:14:32","slug":"nobel-prize-economist-warns-of-u-s-stock-market-bubble","status":"publish","type":"post","link":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/2013\/12\/02\/nobel-prize-economist-warns-of-u-s-stock-market-bubble\/","title":{"rendered":"Nobel Prize economist warns of U.S. stock market bubble"},"content":{"rendered":"<p>An American who won this year\u2019s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine.<\/p>\n<p>Robert Shiller, who won the esteemed award with two other Americans for research into market prices and asset bubbles, pinpointed the U.S. stock market and Brazilian property market as areas of concern.<\/p>\n<p>\u201cI am not yet sounding the alarm. But in many countries stock exchanges are at a high level and prices have risen sharply in some property markets,\u201d Shiller told Sunday\u2019s Der Spiegel magazine. \u201cThat could end badly,\u201d he said.<\/p>\n<p>\u201cI am most worried about the boom in the U.S. stock market. Also because our economy is still weak and vulnerable,\u201d he said, describing the financial and technology sectors as overvalued.<\/p>\n<p>He had also looked at \u201cdrastically\u201d higher house prices in Rio de Janeiro and Sao Paulo in Brazil in the last five years.<\/p>\n<p>\u201cThere, I felt a bit like in the United States of 2004,\u201d he said, adding he was hearing arguments about investment opportunities and a growing middle class that he had heard in the United States around the year 2000.<\/p>\n<p>Full article:\u00a0<a class=\"externlink\" title=\"Go to http:\/\/ca.news.yahoo.com\/nobel-prize-economist-warns-u-stock-market-bubble-145958281--sector.html\" href=\"http:\/\/ca.news.yahoo.com\/nobel-prize-economist-warns-u-stock-market-bubble-145958281--sector.html\">http:\/\/ca.news.yahoo \u2026 5958281\u2013sector.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An American who won this year\u2019s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine. Robert Shiller, who won the esteemed award with two other Americans for research into market prices and asset bubbles, pinpointed the U.S. stock market and Brazilian property market as areas of concern. \u201cI am not yet sounding the alarm. But in many countries stock exchanges are at a high level and prices have risen sharply in some property markets,\u201d Shiller told Sunday\u2019s Der Spiegel magazine. \u201cThat could end badly,\u201d he said. \u201cI am most worried about the boom in the U.S. stock market. Also because our economy is still weak and vulnerable,\u201d he said, describing the financial and technology sectors as overvalued. He had also looked at \u201cdrastically\u201d higher house prices in Rio de Janeiro and Sao Paulo in Brazil in the last five years. \u201cThere, I felt a bit like in the United States of 2004,\u201d he said, adding he was hearing arguments about investment opportunities and a growing middle class that he had heard in the United States around the year 2000. Full article:\u00a0http:\/\/ca.news.yahoo [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[359,1639],"class_list":["post-5171","post","type-post","status-publish","format-standard","hentry","category-news-and-politics","tag-bubble","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/5171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=5171"}],"version-history":[{"count":0,"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/5171\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=5171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=5171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=5171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}