Financial Times (January 6, 2014)
2014/ 01/ 07 by jd in Global News
After spectacular performance in 2012, some fear the U.S. stock market is set for a correction. “For now, these worries are probably overstated. The current outlook has little in common with the rampant overconfidence that accompanied the great speculative excesses of the past. But there are reasons to believe that the preconditions for a bubble are in place.”
Tags: Bubble, Excess, Outlook, Overconfidence, Performance, Stock market, U.S., Worries