My “This isn’t 1999” spiel got a nice feature in this week’s Bloomberg BusinessWeek Magazine…
Portfolio manager Josh Brown, who blogs at thereformedbroker.com, scoffs at comparisons between the current bull run and the go-go ’90s, when the market surge was led by flimsy technology stocks.
“This is nothing like 1999, other than the fact that stocks are going up. This doesn’t mean they can’t go down; it simply means that being in the market now isn’t crazy, stupid, or reckless.”
I know that not everything I write here reaches the non-hardcore finance audience but I think what I had to say was important for regular folks to hear so I’m really happy about this.
Click over for the whole column:
Prognostications: It’s Not a Stock Bubble (BusinessWeek)
Read Also:
in which Downtown Josh Brown destroys the 1999 comparison (TRB)
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