Perhaps we all remember Greenspan's prescient "irrational exuberance" speech made back in 1996, before he become goggle-eyed over technology as a productivity improver... With the latest 1/4% interest rate rise and general positive comments from the Fed on the economy, can we now expect a period of rational exuberance?
While I cannot say anything in particular about companies that are presenting here at MDV, I can say that I am feeling some rational exuberance myself - silicon valley inventors are at it again and the powerful combination of factors that make this such a dynamic generator of new technology and new companies are, I think, poised to unleash some very exciting new trends...
So maybe the long boom is back?
No comments:
Post a Comment