Irrational Exuberance Redux: Yellen Can’t See Bubbles, Either

The only reason Janet Yellen’s statement that equity market valuations “remain within historical norms” is because Alan Greenspan went on to ignore his own advice. Market valuations at the time of Greenspan’s speech were, by various measures, almost identical to today......
To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.