"I don't think we have the kind of broad, excessive valuations which would suggest any imminent likelihood of a major collapse in markets," said Goldman's Peter Oppenheimer.
Goldman analysts said that while there were some worrying signs, markets should be much safer than during the dot-com bubble or the 2008 crisis.
The global version of the "Buffett indicator" has soared to 123%, surpassing its level during the dot-com bubble.
Mark Cuban compared the cryptocurrency boom to the dot-com bubble, recommended buyers hedge their bets, and warned them about the dangers of debt in a string of tweets this week. “Watching the cryptos trade, it’s EXACTLY like the internet stock bubble,” the “Shark Tank” star and billionaire owner of the […]
Summary List Placement Former Twitter CEO Dick Costolo told CNBC that platform stocks are “crazily priced” and remind him of the dot-com era in the early 2000’s. “Zoom is a great company but at $US125 billion you have to raise an eyebrow,” he said. Costolo added that the market is […]
Rick Sherlund, Bank of America Merrill Lynch vice chairman of technology investment banking, said COVID-19 has accelerated a digital revolution and has boosted big tech. He added that software is up 29% in the S&P 500 and is “not only eating the world” but “leading the market.” Sherlund said he […]
Billionaire investor Howard Marks took aim at rash day traders in a CNBC interview on Tuesday. “It’s not healthy to have people who are buying stocks for fun,” the Oaktree Capital chief said. Marks also flagged similarities between the current speculative frenzy and the dot-com bubble. “It reminds me of […]
A booming economy is usually a good thing … but not for recruiters. Recruiters trying to fill jobs are having their toughest time in decades because of the tight labour market They’re seeing more and more job candidates “ghost” them after agreeing to interviews and even signing HR paperwork. While […]
A new book about Google’s early company culture called “Valley of Genius: The Uncensored History of Silicon Valley” includes claims that the Google cofounder Sergey Brin used to be a “playboy” among female employees, according to an excerpt published by Vanity Fair. In the excerpt, one early Google employee said […]
Stocks are trading more independently of macro factors than at any point since 2001, according to Morgan Stanley. These types of market conditions are ideal for stock pickers, who make their living analysing company fundamentals and betting on single stocks. Stocks are partying like it’s 2001. They’re trading independently of […]
For stock enthusiasts, drawing parallels...
Stocks are operating with a mind of their own...
Fidelity Investment sector strategist Denise Chisholm recently published her quarterly sector update. Sara Silverstein shares an interesting takeaway from Chisholm’s research that points to the differences in tech companies today versus the days of the tech bubble. Get the latest Google stock price here.
Is another free fall on the way?
Since World War II, the average expansion...
We're in "too good to be true" territory.