The stock market’s current lack of leadership mirrors the period preceding the tech bubble burst.

Back then, technology companies were the sole sector propping up the market from mid-1999 to March 2000. Today’s scenario bears a striking resemblance to those times. It’s remarkable how today’s lack of leadership in the stock market echoes the period preceding the tech bust. As shown in the chart below, technology companies were the only …

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“History will say the mainstream financial media were highly complicit in ONCE AGAIN stoking the speculative frenzy preceding global system meltdown.”

History will say the mainstream financial media were highly complicit in ONCE AGAIN stoking the speculative frenzy preceding global system meltdown. Note Nasdaq down volume on the left shoulder when Meme frenzy 1.0 ended. pic.twitter.com/JEhQWbnSWU — Mac10 (@SuburbanDrone) August 6, 2023 In 2008 and 2000 no one expected a crash. Even weeks before it happened …

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