The Real Deal Miami

Shiller weighs in on impact of Japan’s earthquake on the global recovery

March 14, 2011 06:42PM

While some experts believe the economic fallout from the devastating earthquake in Japan won’t effect the overall global market, Robert Shiller, co-founder of the Case-Shiller Index, which tracks real estate, thinks otherwise. Shiller says in the video above that there is a risk of “high volatility in the markets” following the disaster in Japan.