Rate Of Return
Commemorative#Kondratiev Cycle
The devastating situation of the 2000 dot-com bubble
In March 2000, the Nasdaq Index reached a high of 5048 points, but plummeted to 1108 points by October 2002. It's hard to imagine that today's Nasdaq is already at 22,000 points.
The bursting of the dot-com bubble was a very devastating scene.
A large number of internet companies went bankrupt.
Market sentiment was extremely pessimistic, with many investors believing the internet business model was overvalued.
Last year, many people mentioned the AI bubble. Those investors who brought it up most likely have a deep impression of that dot-com bubble.
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