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Today’s $$ Word: Bubble.

Bubble: In finance, a bubble is not something that can be made from soap, but it’s about as durable. Bubbles form when a lot of market players chase a particular asset (for example: tech stocks in 2000, real estate in 2007), pushing prices up to unsustainable levels. Then something pricks the bubble and prices come crashing back down.

By | 2017-01-23T08:55:13+00:00 July 14th, 2014|Word of the Week|0 Comments