Detecting Irrational Exuberance

(1) Greenspan’s unanswered question about irrational exuberance. (2) The Maestro says stocks are cheap. (3) Fink says investors may be “overzealous.” (4) How to recognize irrational exuberance. (5) Why has the Fed Model been useless? (6) How much should we pay for subpar growth? (7) Bad news is good news until it isn’t. (8) S&P 500 diverging from fundamentals thanks to Fed. (9) A melt-up portfolio: betting that the first shall continue to be first. (10) Focus on market-weighted S&P 500 Retailers.