15 Years Later

It was xv years agone today that Fed Chairman Alan Greenspan gave his famous "irrational exuberance" speech, which suggested that U.S. equities were overvalued. 

Between together with then together with now, on an annualized basis,

• the furnish on the U.S. stock market has been 5.55 percent.
• the furnish on the U.S. bond market has been 5.98 percent.

Score that every bit 1 quest for Alan.
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