FYI: Investors are observing a lot of anniversaries this week, notably the failure of Lehman Brothers 10 years ago, the signal event in the financial crisis.
But Doug Ramsey, the chief investment officer of the Leuthold Group, is looking back farther, to the bursting of the dot-com bubble in 2000. Contrary to the conventional wisdom that things aren’t nearly as nutty as back then, he sees markets as riskier now.
Regards,
Ted
https://www.barrons.com/articles/stocks-are-pricier-now-than-they-were-in-the-dot-com-era-1536836400
