Nobel economist Robert Shiller’s Yale International Centre for Finance find confidence among individual investors, as measured by the percentage believing stocks will be higher in a year’s time, is at an all-time low. Photograph: Bloomberg via Getty Images

Cautious investor sentiment indicates stocks will continue to climb the proverbial wall of worry, with no evidence of the feverish excitement associat(...)

Queuing outside the Millers Glen, new housing development, in Swords, Co. Dublin last month. Photograph; Dara Mac Dónaill /The Irish Times

Six years ago, Ireland’s real estate market crashed. Office buildings sat empty, housing developments were left unfinished and $15.7 billion in reside(...)

Bears v bulls: as US markets hit new highs, bearish observers warn that a crash may be imminent but only some bearish arguments have merit. Photograph: Krisztian Bocsi/Bloomberg

With US markets hitting all-time highs, bearish observers are warning that another market crash – the third in the past 14 years – may be imminent.Is (...)

Bears v bulls: as US markets hit new highs, bearish observers warn that a crash may be imminent but only some bearish arguments have merit. Photograph: Krisztian Bocsi/Bloomberg

With US markets hitting all-time highs, bearish observers are warning that another market crash – the third in the past 14 years – may be imminent.Is (...)

Robert Shiller’s recent New York Times piece on the “mystery of lofty stock market elevations” does not impress bulls. Photograph: Jessica Hill/AP
Stocktake

US stocks are at levels that have preceded past market crashes, Nobel economist Robert Shiller is warning. Shiller famously used his cyclically(...)

Outside the Hellenic stock exchange in Athens: the new Cambria Global Value ETF specialises in undervalued markets, like Greece. Photograph: chris ratcliffe/bloomberg

Aer Lingus, CPL, CRH, FBD, Fyffes, Glanbia, Kingspan, Origin Enterprises, Smurfit Kappa and Total Produce all have one thing in common – they a(...)

Economists, like this year’s Nobel Prize winner, Robert Shiller, try to explain aspects of behaviour in terms of ‘norms’: rules-of-thumb that we adopt when taking economic decisions. But it might be time to change some of these norms. Photoraph: Michelle McLoughlin/Reuters

One or two economists, like this year’s Nobel Prize winner, Robert Shiller, try to explain aspects of behaviour in terms of “norms”: rules-of-thumb th(...)

A man walks past Deutsche Bank offices in London. The bank says: ‘the best moments to buy equities are when credit growth is negative and the credit impulse has the potential to turn positive and this is where we are in Europe.’  Photograph: Luke MacGregor

“You’ve got to earn, baby, earn.” Japanese bank Nomura’s recent prediction that the global financial crisis is over may not be shared by all, but i(...)

All action at the NYSE: speculators looking for a quick buck bid up high-volatility stocks whereas the safe and steady stocks tend to get ignored. photograph: brendan mcdermid/reuters

Listen to the investment experts. Buy the best companies. High returns demand high risks. Such instructions might seem commonsensical and prudent, but(...)

Traders work on the floor of the New York Stock Exchange. Photograph: Brendan McDermid/Reuters

It’s easy for active investors to drown in a sea of misinformation. There’s no shortage of confident commentary telling investors and traders what to (...)