Dot com crisis

boom and bust In Australia, New Zealand, the EU, US and other parts of the globe the 1990s saw tremendous movements of capital as - governments deregulated financial markets, privatised critical infrastructure such as telecommunication providers and built budgets around licensing of radiofrequency spectrum or other intangibles interest rates fell and the money supply increased. In the US for example 30 Year Treasury Bond rates dropped from 8.17% in 1994 to 5.87% in 1999, while the M3 money supply measure …

…James Montier's Behavioural Finance - Insights into Irrational Minds and Markets (New York: Wiley 2002), Sian Owen's 2002 Behavioural Finance and the Decision to Invest in High Tech Stocks (PDF) and Hersch Shefrin's Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing (Boston: Harvard Business School Press 2000). Nasdaq: A History of the Market That Changed the World (Roseville: Prima 2003) by Mark Ingebretsen offers - from our perspective - an unduly indulgent view of NASDAQ.