Juggling Dynamite

Investor sentiment today is looking like it did in 2000, and that could be a sign markets are in a bubble, Yale professor and Nobel economics laureate Robert Shiller told CNBC on Tuesday.

Just before the dotcom bubble burst, investors had very little confidence in stock valuations, but they were confident in the market in the short term, he said.

“That’s the sign of the bubble. They’re worried but they’re thinking they’ll get out,” he told CNBC’s “Squawk Box.” “This can suddenly turn, and we’re looking somewhat like that now. Here is a direct video link.

Here is the Shiller PE chart showing valuation cycles since 1880.

Andrew Huszar, former Fed official, weighs in on the Fed’s next move on a raise of rate and what the Fed should do now. Here is a direct video link.

As one after another, climate-change denying government loses power, perhaps the world can start focusing on the lasting benefit areas screaming for investment:

“The world’s biggest problems, are the world’s biggest business opportunities.” -Peter Diamandis

One of the best ways to promote long term fiscal health is to stop wasting money! We have the technology to change buildings to high-efficiency lighting, capture solar energy and methane from landfills, and expand public transit.   A new report by the New Climate Economy looks at the numbers:

It found that, if all of the measures were implemented, cities would reduce their combined greenhouse gas emissions by 3.7 metric gigatons of carbon dioxide equivalent by 2030. That’s more, the report notes, than the annual emissions of India.

Nick Godfrey, head of policy and urban development at the New Climate Economy, said in a statement that the amount of money saved by cities could be even higher.

“US$17 trillion in savings is actually a very conservative estimate, because it only looks at direct energy savings generated from investment, which are a small proportion of the wider social, economic, and environmental benefits of these investments,” he said.