Sentences with phrase «irrational exuberance there»

«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.

Not exact matches

There was no mention of bubbles or irrational exuberance, suggesting the central bank continues to believe that the situation is under control.

There will absolutely be a day when the irrational exuberance dries up, every bubble bursts.

There is probably truth in both of those, but I do think it is important, in considering claims of irrational exuberance, to note that the earnings price ratio - interest rate relationship is in a very difference place than it has been in past peaks.

«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.

So we've been trying to tease out whether there are rational explanations for our current situation, or whether irrational exuberance is the only justification.

There appears to be a lot of irrational exuberance in the marketplace, which encourages the formation of altcoins.

From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of «irrational exuberance» (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.