Echoes Of 1999: The Tech Bubble And The “Asian Flu”

Echoes Of 1999: The Tech Bubble And The “Asian Flu” by Rob Arnott, Research Affiliates Key Points Conditions now parallel the late 1990s as inflation expectations plunge, emerging market currencies tumble, relative valuations of emerging markets versus U.S. stocks and bonds hit extremes, and the growth-stock bull market roars ahead while value stocks lag behind. The…