20 Years Later, Greenspan's "Irrational Exuberance" Has Become Even More Irrational
December 05, 2016 at 14:44 PM EST
20 years, to the day, after Greenspan's iconic speech that warned of the unintended consequences of "irrational exuberance," we find ourselves, yet again, in the midst of perhaps the largest asset bubble in history.