Adapted from an article by Robert Shiller at The Street

It is hard to know what drives the stock market, but there are three separate phases of the puzzle in the US that reveals a puzzling association with the news, as lagged market reaction is filtered through investor reactions and stories...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.