According to a 2011 Business Insider article called "How Well Do You Really Know Wall Street?," what was the commodity at the center of Wall Street's first bubble, which popped while Wall Street was being built?
Answer Tulips
The so-called "Tulipomania' occurred at the same time that the Dutch were settling New York and building what would become Wall Street. By 1637, Dutch tulip traders were making incredible profits selling tulips; amounts that would equal roughly $60,000 a month in today's money. It all came crashing down when one trader in Holland was unable to pay his debt.
Asked by Tom Cohen · Last updated 5 years ago · 981 views