When will this period of
irrational exuberance end?
When will this period of
irrational exuberance end?
Not exact matches
«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.
«Looking at recent frenzy over virtual currencies worldwide, I worry whether there is some dose of
irrational exuberance there,» Bank of Korea Governor Lee Ju - yeol said over a year -
end event with reporters on Wednesday night.
Furthermore, I believe market timing can be the greatest detractor to our long - term returns whether we become overly pessimistic and sell into bear markets, catch the
irrational exuberance bug and buy into the
end of bull market rallies, or sell out too early in bull markets and miss some of the best years in the market.
Witness the fact that it took more than three years after Federal Reserve chairman Alan Greenspan's famous 1996 «
irrational exuberance» speech for an inflated stock market to finally tumble, signaling the
end of the dot - com bubble.