Word: mania
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Dates: during 2000-2009
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Travel too was also incredibly faster. The first primitive railroads started here and there in the 1830s, but during the '40s, "railroad mania" had kicked in--four times as much track was laid in 1848 as the year before. Everyone spoke of the resulting "annihilation of time and space," and in a journal called the Quarterly Review a writer predicted that "as distances [are] thus annihilated, the surface of our country would, as it were, shrivel in size until it became not much bigger than one immense city...
...publicly traded companies, jumped 144% and has risen another 44% this year. But the legitimate market is small and illiquid-the Ho Chi Minh Securities Exchange has just 109 listed companies, up from 30 at the beginning of 2006-and there are not enough shares to feed the growing mania for stocks. Nguyen Vinh, a 36-year-old accountant, says it was her inability to buy shares of listed companies that prompted her to turn to the gray market. After her sister told her that a friend had met someone in a wedding buffet line willing to sell shares...
...drawn between China's stock boom and the U.S. dotcom bubble of the late 1990s. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has intensified, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese companies raised more than $53 billion in the Hong Kong and Shanghai markets through IPOs and secondary share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing in Hong Kong and Shanghai...
...surprisingly, comparisons are being drawn between China's stock boom and the U.S. dotcom bubble. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has increased, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese firms raised more than $53 billion in the Hong Kong and Shanghai markets through IPOs and secondary share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing in Hong Kong and Shanghai...
Campaign veterans caution against taking this early frenzy of election action too seriously, noting that actual voters aren't likely to start paying much attention until after Labor Day. But the mania has a way of feeding on itself, as every campaign seeks to impress the media, the donors and one another with its poll numbers, endorsements, financial strength and organization on the ground...