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6-11-24 It’s Not 2000. But There Are Similarities.

More than a few individuals were active in the markets in 1999-2000, but many participants today were not. Back then, the S&P 500, particularly the Nasdaq, rallied harder each day than the last. Market breadth looked pretty weak, as the big names were soaring, forcing indexers and ETFs to buy them to keep their weightings. The reinforcing positive feedback cycle fueled markets higher day after day. We are now witnessing investors chase anything related to “artificial Intelligence.” Just as the internet had companies adding a “dot.com” address to their corporate name in 1999, today, we are seeing an increasing number of companies announce an “AI” strategy in their corporate outlooks.

Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO , w Senior Financial Advisor, Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer
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Articles mentioned in this report:
"It’s Not 2000. But There Are Similarities."
https://realinvestmentadvice.com/its-not-2000-but-there-are-similarities/
"Are Economic Reports Pointing To A Recession?"
https://realinvestmentadvice.com/newsletter/
"Commodities And The Boom-Bust Cycle"
https://realinvestmentadvice.com/commodities-and-the-boom-bust-cycle/
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The latest installment of our new feature, Before the Bell, "Will the Fed Reverse Quantitative Tightening?" is here:
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Our previous show is here: "How to Maximize Your Severance Package"
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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