Dot-Com Déjà vu?

NEW YORK, NY – JULY 30: People are reflected in the window of the Nasdaq MarketSite in Times Square on July 30, 2018 in New York City. As technology stocks continued their slide on Monday, the Nasdaq Composite dropped 1.1 percent in afternoon trading with shares of Facebook, Netflix, Amazon and Google-parent Alphabet all declining. (Photo by Spencer Platt/Getty Images)

Is history repeating itself in the stock market? CEO George Schultze thinks the current market looks very similar to the dot-com bubble in the late ‘90’s when companies were overvalued and as a result, the “bubble burst” when capital dried up. Now while we’re facing a period of inflation in combination with overvaluation from investors blindly buying FAANG stocks over the years, these companies have uncertain future revenue growth. Will the bubble burst? Read George’s insights in Forbes:

Forbes 02.18.22

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