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Routledge - Irrational Markets and the Illusion of Prosperity

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Description

Explore the complex dynamics of market behavior in Irrational Markets and the Illusion of Prosperity by Routledge. This work examines the phenomenon of irrational exuberance, a term famously used by Alan Greenspan to describe the continuous upward spiral of the stock market. Through a detailed look at market history, the text analyzes how investors maintained a passion for bidding up stock prices despite significant headwinds. It covers the period where nothing seemed able to stop the market, including inflationary pressures, the Asian economic crisis, and concerns over lack of earnings. The book provides insight into the intense investor interest in specific sectors, such as technology and telecommunications, during times of extreme market activity.

Key Features

This Routledge publication examines the concept of irrational exuberance and its impact on stock market spirals.

The book analyzes how investors responded to inflationary pressures and the Asian economic crisis during market shifts.

Gain insight into the historical passion for bidding up stock prices within the technology and teleco sectors.

Explore how the stock market reacted to various economic factors including lack of earnings in many companies.

Product Specifications

Model
index
Format
hardcover
Domain
Amazon UK
Release Date
01 January 2001
Listed Since
10 February 2007

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