Sentences with phrase «then irrational exuberance»
If that is the case, then irrational exuberance is always going to be followed by irrational depression.
http://arichlife.passionsaving.com/ Not exact matches
They panic and sell when prices drop, then fall victim to what Alan Greenspan in 1996 called «irrational exuberance» and buy when prices soar.
Higgins notes that back in 1996, then - Fed Chair Alan Greenspan gave his infamous warning that perhaps investor enthusiasm for stocks had become «irrational exuberance.»
On December 5th 1996, then - Federal Reserve chairman Alan Greenspan made a now famous speech in which he warned of «irrational exuberance» in the stock markets.
Then again, we may be living in irrational exuberance in the bond market keeping mortgage rates artificially low.
He actually used the term in the following rhetorical question he posed to his audience, «But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?»
During a televised speech, Alan Greenspan, who was then the Federal Reserve Chairman of the United States, made a speech that became famous because of his use of the word «irrational exuberance».
So they're still applying the last century's failed investing model of «buying stocks at the top via irrational exuberance, and then selling them at the bottom via fear and panic.»
Note how ORCL's price departed markedly from either the orange - line or blue - line measures of true value in the period of irrational exuberance of 1998 - 2000, then plunged back down in the tech bubble's crash from 2000 - 2002.
If we are coming out of an era of irrational exuberance and excess — not just in the housing market but in our own consumption patterns — then today is about people wanting to be seen as smart consumers, wanting to think about the purchases they are making as — it's a strong word, but as — investments that are durable over time.
Costing a then - record - setting $ 1.8 billion in early 2007, the building would later become a symbol for a period of irrational exuberance in U.S. real estate, where a belief in forever - climbing rents sent values soaring.