Robert Schiller warns of categories traded in the market

Economist Robert Schiller is awarded Nobel, who is formed in some of the most important categories of assets traded in the market.

According to Arab Net, Siller, coincidence, particularly concerned about housing, stocks and encrypted currencies, sees the wild West mentality between investors.

Despite the long-standing time taken by stocks and bullish encrypted currencies over the past two weeks, but Shiller is still worried, and has also been disturbed by the recent property of the real estate prices, according to the CNBC network.

He said he measured the real value, housing prices were not in this rise.

Sheler, who also participated in the establishment of the Homes Price Index: My statement returned to more than 100 years, so this is something I do not think the second central bank policy can be interpreted .. There is something that happens in the science of markets. p>

Siller, over the past three decades, found that housing prices seem to be motivated by the beginnings of housing or Housing Starts, which refers to the number of new construction projects, whether they obtained building permits or completed, all of which are collected from the opinion polls, and issued by the Ministry US trade on the seventeenth day of each month.

Shiller explained that the current style highlights the gap is clearly, where we have a lot of bullish momentum now. So, wait for a year probably will not lead to low house prices.

According to Ciller, we reminded us of current home prices in 2003, two years ago from the start of slide. It indicates that the retreat is gradually and finally converted during the 2008 financial crisis.

On the other hand, he expressed concern about the stock market. The SP 500 and DOW has risen approximately 90% from their lowest level in March 2020, while the Nasdaq rose more than 100%.

Sheler also sees that the final value source of encrypted currencies is very vague, where he said: This is a very psychological market. It is a wonderful technique, but the final source of value is so mysterious that has a great relationship with novels instead of reality.