Economic forecasting List of predictions
in 1987, ravi batra predicted economic depression in best-selling book, great depression of 1990. subsequently wrote other books on surviving economic upheaval.
in 1996, economist alan greenspan famously stated there irrational exuberance in stock market on dec 5, 1996, , indeed, may have contributed result of policies chairman of federal reserve. warning went unheeded , stock market continued boom in late 1990s until stock market downturn of 2000 , 2001, when became evident warning had been correct.
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