► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Stocks are set to drop according to Robert Shiller's cyclically adjusted price/earnings (Cape) measure. Andrew Goldberg, global market strategist with JPMorgan Asset Management, tells John Authers that this does not imply a fall is imminent.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes