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'We are in a gigantic price bubble': Famed economist warns extreme stock valuations point to negative returns ahead - Business Insider

The Shiller CAPE ratio is at its third-highest level ever, David Rosenberg says. He thinks valuations and a weakening economy point to trouble ahead.

By:William Edwards
Source:Business Insider
Published:
'We are in a gigantic price bubble': Famed economist warns extreme stock valuations point to negative returns ahead - Business Insider
David Rosenberg isn't always right. The founder of Rosenberg Research, who rose to fame after calling the 2008 recession, regularly expresses a bearish outlook for the economy and markets that often … [+3202 chars]

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