Tag Archive: Irrational exuberance

Should I Chase The Rally – Greenspan Was Wrong Then Right On Animal Spirits

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Photo courtesy of Ms Jeannie Tan, S.F.   People are calling and chatrooms are buzzing with friends saying they were cashing out of their DBS stocks at SGD 18, after the steepest rally… Continue reading

It’s Official – Asset Bubbles Are Back

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We have had a lot of mentions of “BUBBLES” in the headlines for the past week which started with Larry Summers at the IMF and Nobel laureate Paul Krugman who came out immediately… Continue reading

Beyond Exuberance – Pre Default Edition

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It is an irony that Nobel prize for economics had to go to Robert J. Schiller on a mad, mad day. http://uk.finance.yahoo.com/news/nobel-prize-robert-shiller-predicted-212310295.html Markets acting out the work that he has done on irrational… Continue reading