Irrational Exhuberance


Schiller argues that stock markets have gone too far and won't go anywhere for the next ten years. Two of the supporting graphs in this book (stock prices and earnings 1871-2000 and price-earnings ratio 1881-2000) are very similar to the ones included in my June 5 message to you.

You can order this book by clicking to:

http://www.amazon.com/exec/obidos/ASIN/0691050627/garyascot


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