Robert Schiller, the Nobel prize-winning economist called this the psychological basis of a speculative bubble. A speculative bubble is a situation in which news of price increase spurs investor enthusiasm each day. It spreads just like the virus. In the process, each individual amplifies the story, justifies the price increase, and ropes in more participants.Continue reading “Is this is a speculative bubble or this time also economy will surprise with V shape recovery……….!!!!”
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Equity Market and investment 