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The Stock Market Just Did Something It Hasn't Done Since 2000 -- and It's Terrifying

The Motley Fool·
The Stock Market Just Did Something It Hasn't Done Since 2000 -- and It's Terrifying

The stock market's aggressive bull run since October 2022 is showing concerning similarities to the 2000 dot-com bubble. Bank of America analyst Michael Hartnett noted that 20 S&P 500 companies hit record highs on May 29, with most tied to AI—a pattern last seen before the 2000 crash. The Shiller P/E ratio has reached 41, only previously crossing 40 before the 2000 bubble. Experts warn a bear market is likely coming, with potential triggers including interest rate hikes, and recommend portfolio diversification.

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