Stock Bubble Dread Grips Central Bankers in Washington [Yahoo! Finance]
NATL AUSTRALIA BK S/ADR (NABZY)
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Source: Yahoo! Finance
Global policymakers and finance ministers will gather in Washington for the International Monetary Fund/World Bank fall meetings after a chorus of warnings that a stock bubble focused on artificial intelligence companies might burst before long. Most Read from Bloomberg Newsom Stares Down LA Revolt in New California Housing Fight The Long Comeback of the Erie Canal Billionaire Caruso Says He No Longer Builds in LA Due to Prices Mapping a Way Out of the US Housing Affordability Crisis The Secret to Vancouver's Public Transit Ridership Recovery Kristalina Georgieva, the fund's managing director, acknowledged the financial stability risk in a speech on Wednesday that previewed topics for discussion in the coming days. Kristalina GeorgievaPhotographer: Shoko Takayasu/Bloomberg “Valuations are heading toward levels we saw during the bullishness about the internet 25 years ago,” she said. “If a sharp correction were to occur, tighter financial conditions could drag down w
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