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The dangers of unchecked optimism

Investment News

Your returns made you a hero in 2013, but Dr. Daniel Crosby says your skills as a therapist are what will make them love you in 2014.

Roughly two weeks ago we introduced you to the Crosby Irrationality Index, a 0 to 100 gauge of market sentiment constructed from a weighted mix of fundamental and technical indicators.
At last report, we appraised the market to be “highly-optimistic-but-not-quite-downright-manic” and the lates

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