Bending the Third Rail
Because We Should, We Can, We Do
Thursday, April 12, 2007
The Nasdaq Effect
Much is being made in the economic community about the Chinese stock market. It's being blamed for ups and downs. I have to admit, it seems a bit frothy. But I found this chart to be amazing. It's a overlay comparison of the Nasdaq chart during the recent internet bubble and the Chinese stock market today:

The chart asks a really good question. I'll be following this with interest to see if history is in the midst of repeating itself.