Rationally Exuberant Markets Will Be Risking AI Mishaps in 2026
Investors were rationally exuberant in 2025. US consumers remained remarkably resilient, keeping the world’s largest economy out of recession. The…
Tag: Rationally
Risky Bank Debt Is Rationally Exuberant
What’s the canary in the overpriced-asset coal mine? One obvious tweety bird is the riskiest type of bank debt, known as…