Calling P/E Ratio the “Price to Equity Ratio” doesn’t exactly inspire confidence in this article.
Editor’s note:Oliver Leung is an economist specializing in evaluating emerging technology and connecting startups with Fortune 500 companies.
Federal Reserve Chairwoman Janet Yellen weighed in on the prospects of an equity bubble at a meeting with International Monetary Fund Director Christine Ladarde earlier this month. The danger warnings beat to the drums of Mark Cuban’s worse than 2000 prediction because the tech sector was singled out as the asset class with overinflated valuation.
A quick glance at the NASDAQ Composite Index’s breach of the infamous 5000 would seem to support these claims. For those who remember Y2K, it was an era that put the Great Gatsby to shame. It has been 15 years since the dot-com crash. Should we be worried about a sequel?
The NASDAQ Composite Index breaches 5000 in 2015, the first time since 2000.
A bubble is like #TaylorSwift – a nightmare dress like a…
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