- It has now been nearly 25 years since the term "irrational exuberance" permanently entered our financial vocabulary. But recent developments bring the phrase to mind with new relevance.
- However, if we look past these recent aberrations, we may find evidence to justify at least some sense of "rational" exuberance for financial market prospects in 2021.
- Many things have to go right in order to maintain the current buoyant state of the financial markets, along with a lack of unpleasant surprises on the global political and economic front.
For further details see:
Optimism For Financial Market Prospects In 2021