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Blog - Commentary on the financial markets |
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News - Updated financial news |
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Term Glossary - Glossary of terms used on this site |
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Book Review - Reviews on books concerned with a coming financial crisis |
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Bear Market Sites - Links to sites covering the subject of bear markets |
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Irrational Exuberance
A phrase coined by Fed Chairman, Alan Greenspan, in 1996 to describe the overvalued market of the time.
Irrational exuberance, or overly bullish sentiment, always occurs at the height of a bubble.
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