Shiller: Home prices will double dip and stocks will fall

Robert Shiller has come out with an updated PE ratio which shows that US stocks are once again creeping into the very expensive zone.

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Economic data or mumbo jumbo?

Markets are driven by data, especially government economic data that is seen as reliable. But are they?

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Oil shortage looms

A report issued by the US Joint Forces Command says that by 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day. "While it is difficult to predict precisely what economic, political, and strategic effects such a shortfall might produce, it surely would reduce the prospects for growth in both the developing and developed worlds. Such an economic slowdown would exacerbate other unresolved tensions, push fragile and failing states further down the path toward collapse, and perhaps have serious economic impact on both China and India," said General James Mattis

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