Tag Archives: predicted

Robert Shiller released a book in 2000 titled Irrational Exuberance, which proclaimed the stock market was a bubble. Soon afterward, the tech bubble burst. Then in 2004, the Yale economics professor called attention to spiking real estate prices with a paper titled Is There a Bubble in the Housing Market? By 2007, Shiller predicted its bust was inevitable. Soon afterward, of course, the 2008 housing bubble burst. As the pandemic housing boom—which has pushed up U.S. home prices by 42% over… Source link

Netflix (NFLX) is past its prime. Shares of the streaming media giant crashed nearly 40% on Wednesday as the company uncorked another disappointing quarter, sparking fresh worry on the Street about future growth potential. “I think its best days are behind it,” said Macquarie tech analyst Tim Nollen on Yahoo Finance Live. Nollen is one of the few analysts on Wall Street to downgrade Netflix shares ahead of the company’s latest results. And Nollen’s call looks to be spot on. Here’s how Netflix… Source link