At a time when Fed Chair Alan Greenspan was being held as the leader of a «committee to save the world «-- as the famous Time magazine cover read — she advised him to raise interest rates and keep an eye on the booming stock market. (canadianbusiness.com)
And I am fairly confident that wealth effects associated with a booming stock market were important in the late 1990s. (larrysummers.com)
Last year, during the booming stock market, analysts at Vanguard Group warned that there was «a little froth» and that there was a 70 % chance of a correction, defined as a 10 % or more change in stock prices to adjust for overvaluation. (insurancenewsnet.com)