Joseph Stiglitz: Investors Are "Irrationally Exuberant" About Recovery

03/18/2010 05:12 am ET | Updated May 25, 2011
  • Francine Lacqua and Jeremy Torobin bloomberg.com

Nobel Prize-winning economist Joseph Stiglitz said U.S. unemployment will keep rising and should be the focus for policy makers, and gains in the stock market show investors have been "irrationally exuberant" about a recovery

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