From wine to Chinese medicine, risk of bubbles rises globally

Indicators show overheating potential higher than dot-com bubble or financial crisis

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Speculative money is pouring into cryptocurrencies and auctions of luxury goods. (Source photo by Reuters)

SATORU NIHEI, YUSHO CHO and TASUYA GOTO, Nikkei staff writers

TOKYO/SHANGHAI/NEW YORK -- Governments and central banks around the world continue to implement unprecedented fiscal stimulus measures and monetary easing to prevent an economic crisis arising from the pandemic -- to the point that investors and analysts are now starting to spot signs of asset bubbles.

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