Is Nasdaq's 15-Year High Another Bubble?
NPR
Tuesday, March 3, 2015
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The Times Square NASDAQ MarketSite is seen on March 2, 2015 in New York City. The NASDAQ composite climbed over 5,000 points for the first time in 15 years when it briefly peaked over 5,000 points at 10:30 a.m. ET. (Bryan Thomas/Getty Images)
The Nasdaq Composite Index broke 5,000 Monday for the first time in 15 years. The last time was at the height of the dot-com bubble with massive stock valuations in Internet companies like Pets.com and Webvan that would eventually implode.
Today, the Nasdaq is different, but still very tech-heavy. With the index soaring, should we be watching for another tech bubble ready to burst? Here & Now’s Jeremy Hobson discusses this with Edmund Lee of Re/code.
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