FTDS - Similarities And Differences Between The Late 1990s Stock Market(s) And Today
2024-06-10 06:30:00 ET
Summary
- Today's market sentiment is almost apathetic compared to the frenzy of the late 1990s.
- The "weak breadth" conundrum lasted almost five full years in the late 1990s accompanied by the similar narrow leadership within the S&P 500 at that time as well. Market breadth has also become weaker over the last few months.
- As we moved through last decade 2010 to 2019 and now into this decade, the return gap between the Russell 2000 and the S&P 500 is definitely widening and reaching the same ratio again.
The first major difference between the late 1990s and today’s stock market (and by that is meant the S&P 500 and Nasdaq Composite) is sentiment....
Similarities And Differences Between The Late 1990s Stock Market(s) And Today