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Wall Street Hunts for Its Next Bubble

Emerging markets upswing could mirror '98 tech boom

By Kevin Spak, Newser Staff

Posted Sep 20, 2007 12:48 PM CDT

(Newser) – With the Fed’s rate cut in place, Wall Street has visions of another bubble—this time in emerging markets. The Dow skyrocketed 2.5% on news of the cut, but even that was dwarfed by 4.2% gains in the Bombay Sensex and 4.... Read full story »

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Wall Street Hunts for Its Next Bubble

Emerging markets upswing could mirror '98 tech boom

stock market • Federal Reserve • Dow Jones • markets • Asian markets • emerging markets • Bombay Sensex • Brazil Bovespa

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