scorecardresearchWhat is animal spirits in stock markets?

What is animal spirits in stock markets?

Updated: 28 Jun 2022, 12:35 PM IST
TL;DR.
The term "animal spirits" describes the propensity for investment values to fluctuate depending more on market sentiment than actual worth. Criticised by some and backed by others, let's examine what it is.
John Maynard Keynes, a well-known British economist, created the phrase animal spirits

John Maynard Keynes, a well-known British economist, created the phrase animal spirits