GR_Special Report

International shares: Rising bond yields threaten equities

Friday 4th of February 2000
The really big equity story of the past year has been the insatiable demand for computer, internet and telecommunications shares worldwide. The NASDAQ, the technology heavy index on which new companies choose to list in the absence of an earnings history, has risen some 60 per cent since January 1999. NASDAQ imitators from Germany to Japan have done likewise as investors have lost all interest in...
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