Loading ...Why, Oh Why, Can’t We Have a Decent Stock Bubble?
‘Irrational exuberance’ is tempered by memories of the frothy markets of 2000 and 2007
Oct. 16, 2017 1:15 p.m. ET
After an eight-year bull market and the cheapest borrowing costs in history, the big surprise isn’t that the stock market’s high, but that it isn’t higher still.
Where’s the irrational exuberance? Why are taxi—-well, Uber—-drivers still talking about politics and sports, when they should be offering stock tips and thinking about packing it all in and day trading?