Schiller Warns: Stocks Are Partying Like Its 1929!

Thursday, December 8, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Dec 8, 2016

“I hate to rain on this parade. But the latest lurch upwards in stock prices has just taken market valuations up into the skybox levels, according to the market timing measure with the longest pedigree on Wall Street. It’s just gone from flashing amber to flashing red – meaning, if it’s right, that there is now a significant and rising risk of a crash, and a bigger risk of simply very poor returns.”

The Rest…HERE

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