然而，华尔街依然在艰难地应对这场有史以来最大的投机性泡沫造成的负面后果。
Yet Wall Street continues to struggle through the aftereffects of the biggest speculative bubble in history.
再一次，我们目睹了严重脱离固有价值的资产价格飞涨导致的投机性泡沫被戳穿的景象。
Once again, we are seeing the puncturing of a speculative bubble that was the result of asset prices soaring high above the underlying value of the assets.
结果表明，我国A股股票的实际风险溢价为负，股票市场存在较大的投机性泡沫。
Our research showed that the real risk premium of A shares was negative and there speculate bubbles in the Chinese stock market during 1997~2001.
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