If Alan Greenspan says exuberance can be irrational, as he did in 1996, investors pause before continuing to drive the market up.
Even the most bullish Net investors paused, ever so briefly, to wonder about the strength of their foundations.
She also said that after the elections in France, investors paused until they had a better sense of how the new Government would shake out.
In most of Asia, investors have barely paused to catch their breath since shares first began moving up in September.
With Japan closed for Golden Week holidays, investors have paused to ponder nearby markets.
Wall Street's recent history with such estimates might indeed give investors pause before diving into Kelley.
As the second quarter begins, many of the factors that gave investors pause in the first three months of the year are still in place.
Stock prices were mixed yesterday, as investors paused to reassess their opportunities after last week's big advance.
"I think at some point over the next year or two, we'll see something happen that gives investors pause," Mr. Chisholm said.
The latest edition holds some predictions that should give investors pause before they plunge into the stock market.