The Market May Have Finally Hit a Real Record, but
It Could Be a Problem
Robert Shiller, the Nobel laureate, says valuations
adjusted for high inflation suggest stock returns for the next decade are
likely to be modest.
Related:
Why the Stock Market Keeps Changing Its Story
Exxon’s surge is an important shift in the market, a
new narrative that investors would be wise to pay close attention to—in case it
changes again.