11. Construction and real estate companies -- heavily saddled with debt from the end of the speculative bubble era -- were also sold off. 12. He contended that equities were experiencing a speculative bubble, though the stock market persistently defied him by rising ever higher. 13. He will do so to take some air out of what he believes is a very dangerous speculative bubble. 14. I think it is merely a very extensive speculative bubble. 15. In December, he expressed concern that a speculative bubble in the markets could fuel a boom-and-bust cycle in the economy. 16. In December, U.S. stocks plunged after investors interpreted Greenspan remarks to mean there might be a speculative bubble in the prices of U.S. assets. 17. It has been clear for at least a year that Wall Street was being inflated by a speculative bubble. 18. It is now clear that the lending and buying spree that Japanese banks and businesses engaged in here was part of a speculative bubble that has long since burst. 19. It seems a speculative bubble, but such periods of investment mania foster a rapid pace of business experimentation. 20. Many took his remarks to mean the Fed was about to raise interest rates in an effort to prick a speculative bubble. |