| From The Globe and Mail: Influential economist Robert Shiller believes the U.S. housing mess isn't the only asset bubble investors have to worry about in the coming months – the equity and commodity markets still have some more hot air to exhale, too.
The Yale University professor, best known as the author of the definitive market bubble treatise Irrational Exuberance, said Wednesday that prices in both stocks and commodities remain unrealistically high, despite their recent losses. He added that a U.S. government bailout of the banking industry would be just a short-term fix for a residential mortgage system that stills requires a longer-term overhaul, and said Canada's housing market may not be immune to its own bust...... Full Article: Source
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