Of course, valuation is not the only factor that drives markets, as became clear during the dotcom bubble.

当然，估值并不是驱动股市的唯一因素，这在网络股泡沫是变得十分清楚。

youdao

The bubble of real estate is abnoromality state that real estate price sustaining rise for it is divorced from actual value by the artificial factor action .

房地产泡沫是房地产价格在人为因素的作用下严重脱离其实际价值而持续上涨的不正常状态。

youdao

For the same water depth and same aperture, the gas flow was the major factor for effecting the bubble size and velocity.

对于相同的水深和相同的孔径，流量是影响气泡大小和速度的主要因素。

youdao

One factor that predicts bubble peaks, I would suggest, is silly overreach.

FORBES: Silly Top Signs

Another factor fanning the housing bubble was Fannie Mae and Freddie Mac.

FORBES: Magazine Article

In addition to the credit-bubble aftermath that continues to haunt the developed economies (and now China), there is the inflation factor.

FORBES: Markets: Risk Aversion But Not Risks Averted