Word: euphoria
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...Morgan, a psychologist whose practice centers on senior-level banking executives, recognized that burst of animal spirit as the "euphoria" phase; he knew it signaled darker emotional repercussions to come as the Masters of the Universe undergo the psychological fallout from the global economic downturn. As jarring as the market drops have been, he says, "the psychological shock has been every bit as great" for bankers who have lost their jobs at Lehman and other institutions...
...offing normally generate negative feelings such as disappointment, anger and shock; then comes a period of planning for the transition, when the person takes stock of financial and other aspects of his or her life. When the actual joblessness arrives, there's a period of euphoria - especially for people with compensation packages. "It's in that euphoric time that [people] ought to be doing the most work to get a job, [though] some just enjoy the euphoria," says Morgan. Finally, there's a second wave of depression that is deeper than the first: the financial reality and the challenge...
...Fears of a serious economic decline or even recession in the U.S. and world-wide explain the deep losses markets experienced last week after initially reacting with euphoria to the rash of government efforts to prevent finance and banking systems from imploding. As the week closed out, the global outlook was simply confused, as European indices generally finished higher, the Dow slumped 1.4%, and Asia's national markets featured both gains and losses...
...always disappointing to realize that, just because you are white, you will never be able to dance like her back-up singers do in the end. If I could moonwalk, I’d be the happiest girl in the world. Yet the whole moment of dance-induced euphoria is kind of ruined when Perry returns with the zebra. What the fuck is up with the zebra? —Brianne Corcoran
...immediate euphoria that boosted world stock markets following the announcement of government plans to prevent broad financial collapse has now given way to longer-term worries that the world is entering a recession. After starting the week with two days of remarkable gains, markets in Asia and Europe Wednesday registered moderate losses similar to those of Wall Street, which dipped 0.82% on Tuesday. Like everyone else, traders are waiting for clearer signs of what the future holds...