What phrase characterizes the perspective most investors had of the stock market in the first half of 1929 cautiously optimistic strongly enthusiastic very cautious or cooling enthusiasm?

The perspective most investors had of the Stock Market in the first half of 1929 can be characterized as "strongly enthusiastic." During this period, the market was experiencing a significant rise, leading to widespread optimism about continued growth and prosperity. Many investors were confident in the stock market's trajectory, which contributed to speculative behaviors and inflated valuations. However, this enthusiasm ultimately set the stage for the market crash later that year.