Robert Shiller shares his market views in an exclusive interview for CNBC PRO with Mike Santoli.
On President Donald Trump: "He is an inspiration for many people. And many other people don't like him, as you may have heard. On the other hand, they may still invest in a rising stock market out of belief in his powers," he said.
Shiller is Sterling Professor of Economics at Yale University and helped develop the widely followed S&P/Case-Shiller Home Price Indices. He was awarded the Nobel Prize in Economic Sciences with Eugene Fama and Lars Peter Hansen in 2013.
He also discusses:
- His market outlook
- Impact of technology and big data
- Economic narratives
- Housing bubble
- Interest rates
- Investor sentiment
The interview is exclusively for CNBC PRO subscribers.