behavioral finance

"Is the Stock Market Grounded in Reality?"

"Is the Stock Market Grounded in Reality?"

An interesting question caught my attention during a recent economic outlook presentation I attended: “Is the stock market grounded in reality? Or are we seeing irrational exuberance?” Whoa. I hadn’t asked myself these questions as succinctly, but this posed a good question.


Is the stock market currently grounded in reality? Is it ever grounded in reality?