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Are We in a Tech Bubble?
The tech-centric Nasdaq Composite has fallen 2.6% since July 21, leaving many investors asking us, "Are we in a tech bubble?"
On July 20, the Nasdaq hit a record high of 5,231.94. Then, investors started worrying that tech stocks had become overvalued, and the downward pressure on the index began.
But there are two important things to remember when talking about a tech bubble...
The tech-centric Nasdaq Composite has fallen 2.6% since July 21, leaving many investors asking us, "Are we in a tech bubble?"
On July 20, the Nasdaq hit a record high of 5,231.94. Then, investors started worrying that tech stocks had become overvalued, and the downward pressure on the index began.
But there are two important things to remember when talking about a tech bubble...