Stocks Are Officially More Expensive Than The Dot-Com Bubble

Have you checked your brokerage account lately? Of course you have. You open it every twelve minutes hoping for a quick dopamine hit, only to realize you’re sitting on the most historically bloated, wildly expensive pile of stocks ever assembled by human hands.

That’s right: according to the latest charts doing the rounds on social media, the stock market just officially cleared the peak of the dot-com bubble to become the most expensive stock market in U.S. history.

Shiller? I Hardly Know Her!

If you look at the Shiller CAPE ratio, which measures stock prices against their average earnings over the last decade to see if we’re all collectively being gaslit, the market is flashing a bright, burning red. The historical average for this ratio is somewhere around a sensible 17. Right now, it is hovering around a casual 41.

Dow Jones? More like, DOWN Jones, Am I Right??

The last time things were even remotely this top-heavy, people were unironically pouring their life savings into companies called Pets.com and Webvan. The only difference is that back then, investors were losing their shirts over companies that didn’t actually have a real product. Today, we are pumping hundreds of billions of dollars into AI startups that just use a boatload of electricity to write corporate emails and draw people with eleven fingers. It’s called progress, look it up.

To the Moon, or to the Earth’s Core?

Naturally, Wall Street analysts are doing what they do best: sprinting to the microphones to explain why “this time is different.” They’ll tell you that tech companies actually make real profit now, so traditional valuation metrics are basically just old-timey suggestions.

And hey, maybe they’re right. Maybe the line will go up forever. Or maybe we are all standing on the tracks of an incoming financial freight train, trying to catch pennies.

If you want to read more about how completely normal our current financial system is, click here.

In the meantime, feel free to keep staring at your portfolio. Just remember that if the whole thing implodes tomorrow, at least you got to witness a historic financial disaster firsthand. Cheers to being part of history, boys.

This Man Saved Elon Musk And Now He’s Getting $100 Billion, Here’s What Happened

Meet Antonio Gracias, a private investor from Detroit who might just be Elon Musk’s best...

Stonks

Trump Publicly Criticized Walt Disney, JPMorgan, and Netflix, But Then Bought Their Stock. What’s His Play?

You might have seen the reveal of Donald Trump’s insane number of trades recently, with ...

Stonks

Warren Buffett Is Putting 90% Of His Wife’s Inheritance In One Investment And The Choice Is Really Smart

Warren Buffett has said he’ll be putting 90% of the inheritance that’ll go to his wife...

Stonks

Latest news

Trump & Iran Peace Talks Remain Stuck As Trump Changes His Mind 12 Times in Five Minutes