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If It Looks Like a Bubble and Swims Like a Bubble… – The Wall Street Journal

Several parallels between the dot-com bubble and today’s stock market are strong

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I have been resisting the comparison between the dot-com bubble and todays stock market, but the similarities have grown too strong to ignore. Here are five areas where the parallels are strong, along with one caution about applying the bubble label to the broader market.
Exponential growth in the price of story stocks
Anything connected to electric vehicles or clean energy has gone ballistic in the past few months. Electric-car maker Tesla is the most obvious example, becoming the fifth-largest…

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