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A repeat of dot com bust?
By Data Science Investor  •  September 9, 2020
Last week was an interesting one for the stock market. After weeks of gains, the first sign of the crack in the stock market has finally appeared with all three major indices (DJIA, S&P500 and Nasdaq) ending the week with a steep decline. Amongst these three indices, Nasdaq suffered the worst decline with a drop of nearly 4% (the worst since March). In a matter of a few trading days, Apple (the world's only $2 trillion company) lost more than $200 billion in market capitalization. To put things in perspective, this amount of loss is bigger than the total current market capitalization of ExxonMobil. With these happenings, most investors can't help but wonder if this is the beginning of another dot com bust in 2000. Well, let's take a look at some facts and do some comparisons. In both scenarios, we are seeing the Federal Reserve introducing a large amount...
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By Data Science Investor
This is a site to publish my findings and research which are based on data science to aid you in your decision making process for investments in stocks and property, particularly in the Singapore market.
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