Semi Rational Exuberance

The decade to follow, however, overturned this exuberance.

You'll be intoxicated by the exuberance of you own velocity.

But their exuberance biases India s global ranking relative to more empirically minded countries.

Should such irrational exuberance force the government, willy nilly, to curtail public investment?

So far, China's economic exuberance has not translated to widespread confidence in job markets.

Markets seem to be driven by stories, as I emphasize in my book Irrational Exuberance.

What a pleasure it is to spend time marveling at the exuberance of its vegetation.

Home values have soared to high levels in many countries as irrational exuberance grips the markets.

It is not just bond traders who can be swayed by irrational exuberance (or its opposite).

This is an ad that shows some of the shall I say, youthful exuberance of Apple.

Rarely in the history of humankind have a people faced such brutality while retaining such gracious exuberance.

The second source of beauty in the laws of physics is their productivity what I call their exuberance.

The irrational exuberance of the late 1990's led to some setbacks in the development of new financial institutions.

They persuaded Alan Greenspan to give his famous irrational exuberance speech at the American Enterprise Institute in December 1996.

In the second edition of my book Irrational Exuberance, I tried to give a better definition of a bubble.

Just why is it that stock markets around the world are subject to fits of irrational exuberance and excessive pessimism ?

Warnings about irrational market exuberance were largely ignored, especially as US consumer spending helped fuel strong growth across the global economy.

The girls think that boys, on the other hand, only perform the Punjabi bhangra uninhibited and an exhibition of joyous exuberance.

This was the same Greenspan who in 1996 warned of irrational exuberance and, then, as Fed chairman, did nothing to check it.

Employment in construction and related industries is collapsing, as Americans and foreigners recover from their fit of irrational exuberance over housing prices.

Viewed from this perspective, the apparent beauty of the laws of physics our attraction to their symmetry and exuberance is not surprising.

It's a strange exuberance about materials, about the world a fascination that I think the world needs quite very much right now.

Although changes in market psychology are difficult to understand, the broad concerns that underlie such episodes of irrational exuberance are almost always clear.

By contrast, our view (supported by plenty of data) is that rapidly rising prices usually reflect irrational exuberance, aided and abetted by phishes.

Alan Greenspan's attempts to talk and cajole the American stock market down to earth from what he called irrational exuberance are not quite reassuring on that account.

The qualitative parallels are obvious banks using off balance loans to finance highly risky ventures, exotic new financial instruments, and excessive exuberance over the promise of new markets.

This vicious downward spiral for business confidence typically features phishes for example, the victims of Bernard Madoff s Ponzi scheme discovered only after the period of irrational exuberance has ended.

As far back as I can remember, I was enchanted by the natural beauty of that region and the almost tropical exuberance of the plants and animals that grow there.

When it does, there is good reason to believe that Iranians will greet their long lost friends with the same friendliness and exuberance that they did sixty years ago in Arak.

The first locomotive, however, ran out of fuel seven years ago, and there is no clear technology driven alternative leading sector, like biotechnology, that can inspire similar exuberance, rational or otherwise.

PARIS The bailout of the financial system was a bizarre moment in economic history, for it benefited those who benefited most from the markets irrational exuberance the bosses of financial firms.

You can argue that neither group should have boosted its spending to such a degree that both were subject to irrational exuberance and that someone should have taken away the punchbowl earlier.

This takes nothing away from the importance of the question that Shiller addressed. Just why is it that stock markets around the world are subject to fits of irrational exuberance and excessive pessimism ?

Central banks are better at restraining markets irrational exuberance in a bubble restricting the availability of credit or raising interest rates to rein in the economy than at promoting investment in a recession.

International money flows aside from inflows into the US are not yet at levels associated with irrational exuberance, but there is still time for that to happen before interest rates start to rise.

In other words, the traditional securities available to investors make it easier to bet in favor of a company than against it, causing prices to be affected more by irrational exuberance than by panics.

If the Kremlin claimed credit for the oil and gas fired prosperity of the past six years prosperity due solely to economic exuberance elsewhere in the world the Kremlin should be accountable for the current devastation.

Marcello, as it turns out, is the driver of the number 64 bus, and if you've been on the number 64 bus, you know that it's driven with the same kind of exuberance as Marcello demonstrated on his scooter.

Employment in construction and related industries is collapsing, as Americans and foreigners recover from their fit of irrational exuberance over housing prices. Less enthusiasm about housing means that manufacturing firms will no longer be squeezed when they seek capital to expand.

Conventional wisdom holds that the NASDAQ crash exposed the new economy as a conjuring trick of smoke and mirrors. It incarnated the irrational exuberance that often breaks out as a boom peaks and did not deliver deeper permanent changes in the economy.

Howard's about this high, and he's round, and he's in his 60s, and he has big huge glasses and thinning grey hair, and he has a kind of wonderful exuberance and vitality, and he has a parrot, and he loves the opera, and he's a great aficionado of medieval history.

Howard's about this high, and he's round, and he's in his 60s, and he has big huge glasses and thinning gray hair, and he has a kind of wonderful exuberance and vitality, and he has a parrot, and he loves the opera, and he's a great aficionado of medieval history.

The irrational exuberance that drove a three month bear market rally in the spring is now giving way to a sober realization among investors that the global recession will not be over until year end, that the recovery will be weak and well below trend, and that the risks of a double dip W shaped recession are rising.

Shorting a stock is difficult and risky it is difficult because borrowing stocks is hard to do, and it is risky because shorting has limited upside but infinite downside. In other words, the traditional securities available to investors make it easier to bet in favor of a company than against it, causing prices to be affected more by irrational exuberance than by panics.