Reply to post: Re: There is a huge bubble

It's IPO week and one of Wall Street's own is raising the spectre of a stock market crash

Anonymous Coward
Anonymous Coward

Re: There is a huge bubble

3rd AC here. Not the downvoter, but if you look back 20 years, valuations were insane then as well. Any company that was a ".com" had stock snapped up by retail investors. Business model? Who cares, it's an Internet thing, traditional metrics don't matter (narrator's voice: "but they did").

Companies like Cisco were overpriced, but at least they made something that could be sold.

Tech bubble aside, there's a lot of boomers that will be pulling money out of the stock market in coming years, wondering how much of an effect that will have. A large outflow during a downturn could be a wild ride.

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