It looks like ‘Y2K all over again’ for stocks as evidence of an imminent crash continues to pile up
|08/19/2018||Posted by BusinessMediaguide.Com under General World News||
- 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.