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Inoculated for Exuberance?
Ten years ago next month, when the Dow was at 6437.10 and the Nasdaq was at 1300.12 -- on Wednesday they were 12,176.54 and 2384.94, respectively -- Alan Greenspan warned against "irrational exuberance." But Tuesday's election results were fresh evidence that two events that profoundly shaped...-
By George F. Will