Re: Dow 36,000

Robin Hanson (rhanson@gmu.edu)
Thu, 21 Oct 1999 10:59:32 -0400

The analysis at:
http://www.econ.yale.edu/~shiller/peratio.html offers good reasons to suspect that US stocks will do very poorly over the next ten years.

I am now completely out of US stocks, though I do have a huge stake in DC area real estate.

Robin Hanson rhanson@gmu.edu http://hanson.gmu.edu Asst. Prof. Economics, George Mason University MSN 1D3, Carow Hall, Fairfax VA 22030
703-993-2326 FAX: 703-993-2323