The Major Differences Between This Bull Stock Market And The Late 1990s
The article discusses the key differences between the current bull stock market and the late 1990s. It highlights the quality of accounting as a significant factor distinguishing the two periods. Additionally, it notes the absence of euphoria in today's tech stock trading compared to the late 90s.
- ▪The biggest issue with the late 90s rally versus today's market is accounting quality.
- ▪There is a lack of real euphoria around today's tech stock trading.
- ▪Current large-cap tech and growth stocks are being evaluated differently than in the past.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.