Irrational Exuberance: Stocks and the Economy

Irrational Exuberance

Stocks and the Economy: Irrational Exuberance When Federal Reserve chairman Alan Greenspan made his famous pronouncement on the stock market back in 1996, the economy was strong and the Internet bubble was just starting to inflate. In fact, “irrational exuberance” would seem to be a more fitting label for today’s market. Between March 23 and […]