Sentences with phrase «by irrational exuberance»

Shiller is saying that the portion of stock prices that is caused by irrational exuberance is not rooted in economic realities, it is cotton candy nothingness that is fated to disappear into the mist in time.

Certainly this would explain the fact that the market cycle is characterized by irrational exuberance at its peaks and irrational pessimism at its troughs.

But since we have seen markets sometimes overwhelmed by irrational exuberance or pessimism, we believe that an individual CEO can be unfairly blamed or credited for what is in fact a broad shift in valuation of many similar companies.

Not exact matches

«This is a consequence of irrational exuberance and the fact that some brokers so far are not allowing short trades in the future,» Hansen said by email.

«As Robert Shiller's new 2009 preface to his prescient classic on behavioral economics and market volatility asserts, the irrational exuberance of the stock and housing markets «has been ended by an economic crisis of a magnitude not seen since the Great Depression of the 1930s.

By one closely watched measure of valuation, Alan Greenspan's irrational exuberance warning should be keeping investors near the sell button.

«In addition to the misconception that this rally has been driven by easy money, irrational exuberance or the impact of Trump administration politics, we believe that there is a significant misconception about the role of FAANGs in boosting returns,» Goldman's Sharmin Mossavar - Rahmani and Brett Nelson wrote in their 2018 annual outlook that's sent to the firm's multimillioniare clients.

If that is the case, then irrational exuberance is always going to be followed by irrational depression.

I don't get why analysts seem to forget that Asus has done pretty darn well with the Transformer (when it's not measured against the irrational exuberance exhibited by the iPad phenomenon).

We should make note that Greenspan followed his comment about irrational exuberance by quickly adding that central bankers need not be concerned with the collapse of an asset bubble if it does not impair the real economy.

When others, blinded by «irrational exuberance,» are paying extraordinarily high prices to buy, the thoughtful tactic is to be the one benefiting from those high prices by selling.