Hi all, I'm pretty dumb so please bear with me and my thoughts.
Judging from the stock market's current performance, is it any similar to the Dotcom crash? Such a bad comparison I know…but from what I see, Dotcom crash was triggered not only because of overvalued tech companies, but also because of peak fear.
I feel like the stock market performance for these past 2 years during the pandemic was somewhat… odd? With the increase of unemployment rates, decreased business in all sectors, etc. Yet many companies and industries managed to hit their all-time highs. The negative economy activity was not reflected in the stock prices.
So in your opinion, are we in a serious financial bubble? Perhaps close to the Dotcom crash?
If it took tech stocks 8-10 years to fully recover from the losses they suffered during the Dotcom bubble in 2000, how long will it take us to fully recover, considering Ukraine-Russia crisis could also push inflation to 10% if conflict escalates?
Any opinions are appreciated.
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