Richard E. Sylla, financial historian and professor of economics at NYU’s Stern School of Business, discusses the likelihood of a series of markets highs, the impact of the Fed’s ability to keep interest rates down, and the tendency for investors to buy high and sell low, in a big interview with WSJ’s Jason Zweig.


3/6/2013

Category: Markets, Video

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2 Responses to “Richard Sylla: More Dow Records to Come?”

  1. Concerned Neighbour says:

    I enjoyed Zweig’s edition of The Intelligent Investor years ago… a nice take on an all-time classic.

    Unfortunately, I don’t think any of it matters anymore. If a stock isn’t bankrupt, it seems the central banks will pump it. We’re fast approaching a time when parents will scare their kids with the “falling stock market” bedtime story, and just like the boogeyman, it will be a fairy tale.

  2. S Brennan says:

    Debbie Downer…yeah, I get it, but have you seen this from Dean Baker?

    http://www.cepr.net/index.php/blogs/beat-the-press/consumer-confidence-index-the-one-that-matters-declines

    …and by implication, does it matter what the little people think so far as this market is concerned?