The Stock Market’s Irrational Exuberance
Summary by American Enterprise Institute
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The Stock Market’s Irrational Exuberance
Sir Isaac Newton famously said of the stock market that he could calculate the motion of the heavenly bodies, but not the madness of people. We have to wonder what he might have made of today’s stock market. At a time when the market is being confronted with unusually troubling geopolitical and economic risks, it is partying as if there were no tomorrow. Indeed, today’s stock market valuations are close to the record levels that prevailed shortl…
·Washington, United States
Read Full ArticleThe sentiment in the US stock markets is positive. Without investors expecting a response from Iran or the spread of military conflict in the Middle East, stock indices are rising, oil is falling, and the euro is rising.
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Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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