Sentences with phrase «called irrational exuberance»
The most common complaint I've heard since Hugh published his first findings is that somehow they represent what Alan Greenspan would have called irrational exuberance.
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They panic and sell when prices drop, then fall victim to what Alan Greenspan in 1996 called «irrational exuberance» and buy when prices soar.
I agree; all evidence, including that which you refer to here, points to that companies» boards and managers are as liable to buy and sell and the wrong time — let's call it getting caught up in irrational exuberance — as anyone else (surprise, surprise!).
The resurrection of what was once called «irrational exuberance» has affected almost exclusively the large - cap growth segment of the market, especially large - cap information technology companies.