Home » General World News » It looks like ‘Y2K all over again’ for stocks as evidence of an imminent crash continues to pile up

It looks like ‘Y2K all over again’ for stocks as evidence of an imminent crash continues to pile up





Year 2000 millennium Y2K New Year's Eve Times Square

  • The market is facing a growing number of alarming comparisons between the dot-com era and current conditions.
  • The most recent observation, from Leuthold Group, relates to the jagged, uninspiring recovery by US stocks since their 11% correction earlier this year.
  • Other bearish parallels — specifically those relating to valuation — tie into arguments raised by reputed market bear John Hussman, who sees a 67% stock-market drop brewing.

As stock market valuations have swelled to within striking distance of all-time highs, many experts have been hesitant to compare the situation to the tech bubble.

Not Leuthold read more >>>

Source:: BusinessInsider.Com

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