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Fed official delivers blunt warning on the stock market, which ignores it - MarketWatch
Lisa Cook’s remarks were reminiscent of Alan Greenspan’s 1996 warning of ‘irrational exuberance’
By: MarketWatch
- Jan 07 2025
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Federal Reserve Governor Lisa Cook on Monday gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.
Valuations are elevated in a number of asset… [+323 chars]