1st Edition

Irrational Markets and the Illusion of Prosperity

By Don DeVitto Copyright 2001
180 Pages
by Routledge

180 Pages
by Routledge

Irrational exuberance - the now-famous utterance of Alan Greenspan, referred to the seemingly unending upward spiral of the stock market. Of course, as every investor knows, the stock market plummeted after this comment was made, only to recover and exceed every known record over the next year. Nothing, it appears, could keep this market down: not inflationary pressures, concerns over the Asian... Read more
Chapter 1 Inflation and Stock Prices; Chapter 2 Deflation; Chapter 3 Speculation and Manias; Chapter 4 Overvaluation; Chapter 5 Debt and Savings; Chapter 6 Disturbing Signs; Chapter 7 The Internet; Chapter 8 Deflation and Your Investments; Chapter 9 Bursting the Bubble; Chapter 10 Conclusion;

Biography

Authored by DeVitto, Don