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More Irrational Exuberance? A Look at Stock Prices

Author

Abstract

Stock prices have risen sharply in recent years. What might that mean in the long run?

Suggested Citation

  • Christopher J. Neely, 2021. "More Irrational Exuberance? A Look at Stock Prices," On the Economy 89403, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:89403
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    File URL: https://www.stlouisfed.org/on-the-economy/2021/january/irrational-exuberance-look-stock-prices
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