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Posted by
Two Blokes Jul 8 -
Filed in
Stock
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5 views
By many standards, today's NASDAQ 100 and S&P 500 look a lot like they did during the 2000 internet bubble, when the narrative that stocks involved with new technologies could only go up, sending a clear message that complacency (along with valuations) was sitting at an all-time high. As many know, the 2000 internet bubble didn't end well, wiping out many businesses, and those that survived struggled for several years before reclaiming their previous prices.
