Investors Trading Academy2016.4.18---什麼是資產泡沫

Investors Trading Academy2016.4.18---什麼是資產泡沫
發佈日期：2016年4月18日
Welcome to the Investors Trading Academy talking glossary of financial terms and events.
Our word of the day is “Asset Bubble”
The term 'bubble' refers to an episode where the price of a financial asset rises significantly, often in response to speculation, which results in the asset trading at a substantial premium to its intrinsic value. When the bubble bursts, the price of the financial asset falls sharply leaving investors with reduced wealth.
When the prices of securities or other assets rise so sharply and at such a sustained rate that they exceed valuations justified by fundamentals, making a sudden collapse likely - at which point the bubble "bursts".
This may impact discretionary spending and hinder economic growth. Central banks attempt to keep an eye on asset price appreciation and take measures to curb high levels of speculative activity which may make prices vulnerable to a sudden correction. The term 'bubble' was first used in 1720 in reference to the South Sea Bubble Crisis and more recently has been applied to Japan in the 1980s and even 'dot-com' companies in the late 1990s.
欢迎到财务条款和事件的投资者交易学院说话词汇。
我们当天的词是“资产泡沫”
术语“泡沫”指的是金融资产​​的价格上涨显著，往往在应对投机行为，这在大幅升水到其内在价值导致资产交易的一个插曲。当泡沫破灭时，金融资产价格下跌大幅降低财富留给投资者。
当证券或其他资产的价格上涨如此迅速，并在它们超出基本面估值合理，因此突然崩溃可能这样一个持续的速度 - 在这一点泡沫“爆裂”。
这可能会影响自由支配的开支，阻碍经济增长。央行试图保持对资产价格升值的眼睛和采取措施遏制高投机活动可能使价格弱势突然修正。术语“泡沫”在1720年首次使用在参考了南海泡沫危机以及最近在90年代末已经应用到日本在上世纪80年代，甚至“互联网泡沫”的公司