Trading Dot Com for Real Estate & Commodities?
Since trading at $17.45 a barrel in November 2001, crude has risen 697% , and reached 28 record highs this year.
The last time a similar pattern was seen in equities was eight years ago,
when Internet-related stocks sent the Nasdaq Composite Index up 640% to its highest level ever.
The Nasdaq tumbled 78% from its March 2000 peak, erasing about $6 trillion of market value.
Will history repeat itself not only with a speculative real estate bubble, but a commodities bubble as well?
The last time a similar pattern was seen in equities was eight years ago,
when Internet-related stocks sent the Nasdaq Composite Index up 640% to its highest level ever.
The Nasdaq tumbled 78% from its March 2000 peak, erasing about $6 trillion of market value.
Will history repeat itself not only with a speculative real estate bubble, but a commodities bubble as well?
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