I tend to believe the same, that we are in a mid-stage of the potential bubble. Interestingly, retail investors are just getting in and are 10 times bigger in population relative to the late 1990s. There is sure a lot of cash and capital floating around ready to move into markets. However, if we look at a similar chart of market cap % increase, we are actually past what the Dotcom bubble did. Also, have in mind that some of the $10 trillion in market cap were big players that exist today (i.e. Microsoft, Intel, etc.). As you can see, the market cap settle at 40% of the top so expect flight to quality when it is said and done.
I tend to believe the same, that we are in a mid-stage of the potential bubble. Interestingly, retail investors are just getting in and are 10 times bigger in population relative to the late 1990s. There is sure a lot of cash and capital floating around ready to move into markets. However, if we look at a similar chart of market cap % increase, we are actually past what the Dotcom bubble did. Also, have in mind that some of the $10 trillion in market cap were big players that exist today (i.e. Microsoft, Intel, etc.). As you can see, the market cap settle at 40% of the top so expect flight to quality when it is said and done.