An economic cycle characterized by rapid asset price inflation followed by a sharp contraction. It emerges when speculation drives values far above intrinsic worth, often fueled by cheap credit. Investors and early speculators profit during the rise, but latecomers and the broader economy suffer severe losses during the inevitable crash.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends