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Torsten Slok, chief economist at Apollo Global Management, recently argued that the stock market currently overvalues a handful of tech giants – including Nvidia and Microsoft – even more than it overvalued early internet companies on the eve of the 2000 dot-com crash. The warning suggests history could soon repeat…Read Entire Article…
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The AI boom is more overhyped than the 1990s dot-com bubble, says top economist
Torsten Slok, chief economist at Apollo Global Management, recently argued that the stock market currently overvalues a handful of tech giants – including Nvidia and Microsoft – even more than it overvalued early internet companies on the eve of the 2000 dot-com crash. The warning suggests history could soon repeat…Read Entire Article…