Experience Stern | News & Events

Excerpt from NPR -- "'I myself have been selling stocks and raising cash, because I think I might be able to buy a lot of these stocks at lower prices, say 6 months or a year from now,' says Richard Sylla, a financial markets professor at NYU's Stern School of Business. And that means he knows about all kinds of esoteric-sounding yardsticks for measuring the stock market. On some metrics, like the 'Shiller CAPE ratio,' he says, 'our markets as a whole, they are as high as any time except 1929, 1999 and 2007.'"

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