Growth Stocks Haven't Been This Expensive Since the Dot-Com Peak
- Global value stocks near cheapest since 2000 versus growth
- Bernstein, SocGen quants see tactical case for value rebound
This article is for subscribers only.
For students of market history, the third month of the 21st century is infamous.
March 2000 was when the Nasdaq Composite Index marked a peak in the dot-com bubble. By the end of the year, it fell by more than 50 percent, with more losses to follow.