Robert Shiller, the Nobel laureate, says valuations adjusted for high inflation suggest stock returns for the next decade are likely to be modest.
Category: Standard & Poor’s 500-Stock Index
Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.
Downturn or Not? At Year’s End, Wall St. Is Split on What’s Ahead.
Analysts bullish on 2023 were largely right and expect more of the same in 2024. Bears caution that the Fed’s impact is yet to be determined.
Wall St. Pessimists Are Getting Used to Being Wrong
The S&P 500 is up more than 19 percent this year, but some still warn that the future may not be as rosy as that implies.
The Year the Long Stock Market Rally Ended
How fast inflation and high interest rates upended markets across the globe.