FYI: f you’re wondering which stock market sectors are most attractive for investors right now, a Nobel Prize-winning economist has some ideas.
The economist is Robert Shiller who is famous, amongst other things, for developing the CAPE (cyclically-adjusted price/earnings ratio.) This ratio compares share prices to earnings over a ten-year period, which arguably gives a more accurate measure of valuation than the conventional price/earnings ratio.
Regards,
Ted
http://www.etfstream.com/investor-focus/investor-analysis/5449_the-four-best-sectors
