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Latest Irrational Exuberance Stories

Irrational Exuberance Observed When It Comes To Investing
2014-07-08 13:44:25

Brett Smith for redOrbit.com - Your Universe Online “(Investors) should try to be fearful when others are greedy and greedy when others are fearful,” Warren Buffett famously wrote in 2004. Now, a new study has confirmed that The Oracle of Omaha knew what he was talking about as researchers from Caltech and Virginia Tech have found that during economic bubbles, wise traders receive an early warning signal from their brains telling them to sell, according to a report in the...

2009-10-21 13:16:09

A second straight week of stronger-than-expected third quarter earnings from a broad cross section of U.S. industries has held the nation's Dow Jones Industrial Average above the psychological benchmark of 10,000 points for the week of Oct. 19, but the climb isn't likely to last, says a finance expert at the University of Alabama at Birmingham (UAB). Assistant Professor of Finance Andreas Rauterkus, Ph.D., says the current levels of the major U.S. stock indices are unquestionably inflated....

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2009-02-18 12:44:57

Former Federal Reserve Chairman Alan Greenspan said at the Economic Club in New York that new regulations were needed to rein in financial systems. After a long career in which Greenspan advocated for modest federal regulation, Greenspan said in a speech Tuesday he saw no alternative to a set of heightened federal regulatory rules for banks and other financial institutions, Politico reported. Greenspan warned housing prices would continue to drop, falling as much as 10 percent further. His...

2006-03-07 18:53:00

By Mark Egan NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan, famed for clouding the meaning of his words, signed a deal on Tuesday to publish his memoirs with The Penguin Press, after a fierce bidding war. "It is a singular honor for The Penguin Press to publish Alan Greenspan, who has spent his extraordinary career reckoning with how the world really works," Penguin President and Publisher Ann Godoff said in a statement. "His book will be about what we can...

2006-03-07 18:10:12

By Mark Egan NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan signed a deal on Tuesday to publish his memoirs with The Penguin Press, after a bidding war for a book about his life and vision for the future. "It is a singular honor for The Penguin Press to publish Alan Greenspan, who has spent his extraordinary career reckoning with how the world really works," Penguin President and Publisher Ann Godoff said in a statement. "His book will be about what we can know,...

2006-02-13 19:18:47

By Mark Egan NEW YORK (Reuters) - Alan Greenspan is in talks with major publishers about writing a memoir and bidding for the cryptic former central banker's book had already hit $5 million, sources familiar with his proposal said on Monday. Greenspan is represented by Washington-based lawyer Robert Barnett, who negotiated an $8 million advance for U.S. Sen. Hillary Clinton with Simon & Schuster and a $12 million deal for former President Bill Clinton's memoir, published by...

2006-02-13 13:45:51

By Mark Egan NEW YORK (Reuters) - Alan Greenspan is in talks with major publishers about writing a memoir, which could net the Delphic former central banker more than $1 million, sources familiar with his proposal said on Monday. Greenspan is represented by Washington-based lawyer Robert Barnett, who negotiated an $8 million advance for U.S. Sen. Hillary Clinton with Simon & Schuster and a $12 million deal for former President Bill Clinton's memoir, published by Random House...

2006-01-30 15:49:30

By Glenn Somerville WASHINGTON (Reuters) - When Alan Greenspan walks out the door of the U.S. Federal Reserve on Tuesday after 18-1/2 years as its leader, he will already have secured his place in economic history. But the 79-year-old Fed chief isn't about to fade away -- Wednesday he'll likely be back at work at a new location with plans for a book, a consulting service and speaking engagements at least on his mind. Greenspan, arguably the most famous chairman in the history of...

2006-01-30 10:54:38

By Glenn Somerville WASHINGTON (Reuters) - When Alan Greenspan walks out the door of the U.S. Federal Reserve on Tuesday after 18-1/2 years as its leader, he will already have secured his place in economic history. But the 79-year-old Fed chief isn't about to fade away -- on Wednesday he'll likely be back at work at a new location with plans for a book, a consulting service and speaking engagements at least on his mind. His long and largely successful tenure has made Greenspan...

2005-09-27 18:50:13

By Tim Ahmann WASHINGTON (Reuters) - Asset bubbles fueled by "market exuberance" invariably burst and policy-makers cannot safely pierce them, Federal Reserve Chairman Alan Greenspan said on Tuesday in what some economists took as a warning to bond market and housing speculators. In a speech in which he once again defended the Fed's decision not to deflate the late-1990s stock market bubble, Greenspan said a successful monetary policy can be a victim of its own success -- by...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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