Friday, March 3, 2017

21+ Years of Irrational Exuberance

It's been over 21 years since Alan Greenspan claimed markets were experiencing "irrational exuberance" on that fateful day in December 1996. Of course since then smart investors have managed to ride the ups and downs while still locking in the S&P 500's Total Return of 369%. Hopefully most people did not
heed Mr. Greenspans advice. Despite two major ups and downs we are still in the midst of a major bull run.

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