Faculty News
Professor Richard Sylla discusses the current state of the stock market
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Excerpt from TheStreet.com -- "'Valuations are very high,' said Richard Sylla, a professor emeritus of economics at New York University Stern School of Business, who said he keeps a close watch on the more complex Shiller CAPE PE Ratio. 'That's the kind of flashing light warning signal that says we're in territories where valuations are extremely high.'"
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