MoneyWeek

US stockmarket parties like it’s 1999

Stockmarkets are “partying like it’s 1999”, says Randall Forsyth in Barron’s. In a rally with “shades of the dotcom boom”, US equities are being powered higher “by a relative handful of technology stocks” that investors are betting will “fundamentally change the world”.

On Monday, America’s S&P 500 briefly achieved a 20% gain

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