irrational exuberance

irrational exuberance
irrational exuberance STOCK irrationaler Überschwang m (A. Greenspan about the tech bubble 1996-1999 when in 1999 the PER = KGV of shares was 70 % above that of bonds; fundamental nicht zu rechtfertigende Erwartungen in Verbindung mit einem ausgeprägten Herdengeist = herd mentality der Investoren)

Englisch-Deutsch Fachwörterbuch der Wirtschaft . 2013.

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