a weird little fellow who looks just a little too much like frank perdue, the chicken magnet. (witness protection program ?) ran for president back in the day.
"was it '92 or '96 when that little gremlin made a bid for the white house ?"
The measure of an emotional and over zealous consumer in an upwardly charging market, also known as a bull market. It's characterized by rising asset prices, increased investor confidence, and favorable growth in the markets, bro.
The frothability was evident as over-zealous consumers eagerly engaged in bidding wars, drivingproperty prices to unsustainable levels reminiscent of previous speculative bubbles.