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Is Nasdaq's 15-Year High Another Bubble?
ResumeThe 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.
Guest
- Edmund Lee, managing editor at Re/code. He tweets @edmundlee.
This segment aired on March 3, 2015.