· Well written and provocative · Essential reading for investors large and small
“Irrational exuberance”--the now famous quote of Alan Greenspan--referred to the then seemingly unending, upward spiral of the stock market. Of course, as every investor knows, the stock market plummeted after this comment was made.
Irrational Markets warns readers that they may be living in an economic dreamland, and that the long bull market and low unemployment levels could mark the new and disturbing economic reality.