The Investopedia Express with Caleb Silver cover image

Why Investors May be Irrationally Exuberant Right Now

The Investopedia Express with Caleb Silver

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Introduction

The Dow ended the week down 0.13% for the week, small losses, but it's third negative week in a row and that's the first time we've seen that since September. US consumer debt hit a fresh record at the end of 2022 and delinquency rates rose across several types of loans according to the New York Federal Reserve. The yield on the six month T-bill top 5% last week, something we haven't seen since 2007 right before the great financial crisis.

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