Ahead of itself

Ahead of itself

In context of general equities, refers to equities that are overbought or oversold on a fundamental basis.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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"The market is getting ahead of itself in expecting a series of rate cuts," Jones said.
The "Africa Rising" narrative may have gotten ahead of itself, though perhaps it served a useful correction to the "hopeless continent" narrative of the Economist magazine cover story from 2000.
Nonetheless, the central bank reiterated it will be patient as it determines future adjustments to interest rates due to global economic and financial developments and muted inflation.In his post-monetary policy meeting press conference, Chair Jerome Powell said the Fed sees "transitory factors" contributing to recent low inflation readings.London Capital Group's Jasper Lawler commented: "Basically, the market had gotten ahead of itself, pricing in a 65% chance of a rate cut.
For now, we can only hope that Sony doesn't get too ahead of itself with its pricing as it moves forward against the console gaming competition.
She also doesn't want the Fed to get ahead of itself. The policy rate is a "stone's throw from neutral," she added, so it's "a good time to be patient." The speed in the shift of the Fed's outlook surprised her, even as many had already foreseen a slowing in growth.
After the military defeat of the ISIL, Iraq has ahead of itself the two important objectives of "reconstruction" and "strengthening of political stability", he added.
Others such as the F&B and retail space seem to be going through a period of consolidation and retrenchment after supply had gotten ahead of itself. This is exacerbated by asset movement volatility -- which was the basis of much of the growth in the last decade -- partly based on rising interest rates but more on account of the proliferation of fake news going viral.
Akhuetie, though, said UP can't afford to get ahead of itself after just one game.
''New highs are always welcome, but there is a growing chorus among strategists and technicians stating that the stock market might be getting a little bit ahead of itself,'' said Gorilla Trades market strategist Ken Berman.
Lasker, pictured, feels the team needs to take it one step at a time and not get ahead of itself - although he knows after playing Bristol this weekend Leicester Riders are looming on the horizon.