Difference between revisions of "WikipediaExtracts:Irrational exuberance"
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Latest revision as of 21:15, 22 February 2022
Extracted from Wikipedia --
"Irrational exuberance" is the phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a December 1996 speech given at the American Enterprise Institute during the dot-com bubble of the 1990s. The phrase was interpreted as a warning that the stock market might be overvalued.
