Weekly Market Pulse: Election Anxiety
The election this week appears to be a tossup, the outcome dependent on how a few swing states vote. The polls, whether national or focused on a single state, show totals for each candidate mostly within the margin of error. Betting markets have been showing a more definitive leader, with all of them putting higher odds on former president Trump. [...]
Weekly Market Pulse: Rose Colored Glasses?
But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions... - Alan Greenspan, The Challenge of Central Banking in a Democratic Society, at the Annual Dinner and Francis Boyer Lecture of The American Enterprise Institute for Public Policy Research, Washington, D.C., December 5, 1996 Are investors too optimistic? [...]
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