Market is overreacting to trade war 'theater,' Nobel Prize winner Robert Shiller says

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Market is overreacting to trade war 'theater,' Nobel Prize winner Robert Shiller says
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Here's why Nobel Prize winner Robert Shiller says tariffs are 'not the end of the world.' (via TradingNation)

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But he suggests it's not because fundamentals are out of whack. Rather, Shiller blames an overreaction to the drama surrounding the negotiations.

, stocks have been on a roller-coaster ride. It hit a climax on Monday when the Dow dropped more than 600 points before rebounding over the next two sessions.is also reflecting the wild swings. It has jumped by more than 33% in the past month.

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