This Looks a Lot Like the Dot-Com Bust With One Big Difference — Inflation

This Looks a Lot Like the Dot-Com Bust With One Big Difference — Inflation

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This is starting to look a lot like the popping of the dot-com bubble with one big difference — inflation. Beginning in mid-June, we saw a significant bear market rally in stocks. But the recent declines have wiped out those gains and more. For instance, the Dow jumped 14% during the 2-month rally. By the close on Friday, Sept. 23, it was once again down 20% from its all-time high. That same day, the NASDAQ closed just 2% off its June low after a 23% rally. As  WolfStreet points out, the collapse of this bear market rally was predicated on...
Source: https://www.newswars.com/this-looks-a-lot-like-the-dot-com-bust-with-one-big-difference-inflation/