What’s the Opposite of Exuberance?

Posted on Tuesday 31 July 2007

“No signs of a turnaround,” says Robert J. “Irrational Exuberance” Shiller in announcing the May results for his national home price survey. The S&P/Case-Shiller 10-City Index showed an annual decline 3.4%, the worst since the summer of 1991. The results…n

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