Mary Kate Cunningham
@marykatec.bsky.social
Reposted by Mary Kate Cunningham
Greenspan warned of irrational exuberance in Dec 1996
In the previous 17 years the S&P was up ~16%/year
It would rise another 115% before the dot-com bubble popped following Greenspan's speech
Things can always get crazier
awealthofcommonsense.com/2024/12/sign...
In the previous 17 years the S&P was up ~16%/year
It would rise another 115% before the dot-com bubble popped following Greenspan's speech
Things can always get crazier
awealthofcommonsense.com/2024/12/sign...
December 21, 2024 at 3:10 PM
Greenspan warned of irrational exuberance in Dec 1996
In the previous 17 years the S&P was up ~16%/year
It would rise another 115% before the dot-com bubble popped following Greenspan's speech
Things can always get crazier
awealthofcommonsense.com/2024/12/sign...
In the previous 17 years the S&P was up ~16%/year
It would rise another 115% before the dot-com bubble popped following Greenspan's speech
Things can always get crazier
awealthofcommonsense.com/2024/12/sign...