THIS IS NO DOTCOM BUBBLE

Why comparisons to the 1990s are early

I have seen a lot of comparisons of the recent market action to the late 1990s DotCom bubble. Just like then, speculative stocks with nothing more than a good story are soaring to valuations that have seasoned market watchers shaking their heads in disbelief. Many skeptics point to the practically-overnight-$25 billion market cap of Nikola Corp - a co…