Usually means: Excessive optimism unsupported by fundamentals.
Definitions Related words Mentions
We found 6 dictionaries that define the word Irrational exuberance:

General (2 matching dictionaries)
  1. irrational exuberance: Dictionary.com
  2. Irrational Exuberance (book), Irrational Exuberance, Irrational exuberance (disambiguation), Irrational exuberance: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Irrational Exuberance: Investopedia

Slang (2 matching dictionaries)
  1. irrational exuberance, Irrational exuberance: Urban Dictionary

Definitions from Wikipedia (Irrational exuberance)

noun:  a term used in 1996 by Alan Greenspan, then chairman of the U.S. Federal Reserve Board, with regards to equity prices in the United States.
noun:  a book by American economist Robert J. Shiller of Yale University, published March 2000.
noun:  "Irrational exuberance" is the phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a speech given at the American Enterprise Institute during the dot-com bubble of the 1990s.


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