Irrational Exuberance

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+"Irrational Exuberance" describes a period of unsustainable [Market Bubble](/wiki/market_bubble), where asset prices rise purely on [Speculation](/wiki/speculation). This market enthusiasm, often detached from fundamental value, can precede a significant economic downturn.
+## See also
+- [Dot-com Bubble](/wiki/dot-com_bubble)
+- [Financial Crisis](/wiki/financial_crisis)
+- [Behavioral Economics](/wiki/behavioral_economics)
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