Skip to main content

Equity Prices

(PDF PDF icon)

The stock market is again hitting new highs almost daily. Some analysts think this means a bubble is about to burst, while others believe it heralds a “new economy” of strong growth with low inflation. A closer look suggests that evidence can be marshaled on both sides.


Suggested citation: “Equity Prices,” Federal Reserve Bank of Cleveland, Economic Trends, no. 98-04, pp. 07, 04.01.1998.

Upcoming EventsSEE ALL