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May 03 2022

This Is Not A “Dot-Com Redux”

  • May 3, 2022

Lately, “TECH” has truly become a “Four Letter Word.” After a prolonged leadership run that began long before the pandemic, and became dominant in early 2020, technology stocks have entered a bear market. The S&P 500 Technology index and Nasdaq 100 (the QQQ) are now off from record highs by over -20% and -22%, respectively. This has left many wondering whether the financial markets are again headed for a replay of the 2000 dot-com collapse. 

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James Paulsen

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James Paulsen / Chief Investment Strategist

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