WikipediaExtracts:Irrational exuberance
Revision as of 21:15, 22 February 2022 by WPExtractsBot (talk | contribs) (Converted to use new extension InterwikiExtracts))
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.