- Déjà Vu
- Year 2000 after Party Like it is 1999.
- NASDAQ bubble which went down 78% when it popped. Very Similar to today.
- Billion Dollar companies with little revenues and no profits.
- IPOs (Initial Public Offerings) and SPACs (Special Purpose Acquisition Corporations).
- Cathie Wood and ARK Innovation = ARKK. Jim Cramer and his Red Hots in 2000.
- Today’s NASDAQ looks very similar to 2000.
- Interest Rates headed up. 10 and 30 year treasuries rates are normally close to nominal GDP. 10 and 30 year treasuries rates could go over 5%.
- End of Quantitative Easing? Tapering by the Fed, will they follow through?
- Will the Fed be forced to have another round of Quantitative Easing? Watch the Fed and rates closely.