Back in December of 1996 when he gave his very famed 'irrational exuberance' speech, the stock market was actually fairly valued according to or models. This is very different, because the equity market is actually about 28 percent overvalued compared to our models right now.
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This quote is just one of 7 total Charles Reinhard quotes in our collection. Charles Reinhard is known for saying 'Back in December of 1996 when he gave his very famed 'irrational exuberance' speech, the stock market was actually fairly valued according to or models. This is very different, because the equity market is actually about 28 percent overvalued compared to our models right now.' as well as some of the following quotes.
We have fear of higher oil prices and the lower dollar against the yen.
We have some inflation at the pipeline level, rising commodity prices, crude, material prices, things of that nature, but that inflation doesn't always get passed on to the consumer level.
This quote is just one of 7 total Charles Reinhard quotes in our collection. Charles Reinhard is known for saying 'Back in December of 1996 when he gave his very famed 'irrational exuberance' speech, the stock market was actually fairly valued according to or models. This is very different, because the equity market is actually about 28 percent overvalued compared to our models right now.' as well as some of the following quotes.