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Macro Musings with Jim Leitner

The Market Huddle

00:00

The Rise and Fall of the NASDAQ

Can you go back all the way to 2000 and you'll see that this goes back to only 2018 on this chart? No, unfortunately you can't, but we had this move in 2000 where the NASDAQ just took off. And then we've had obviously the rally of the past what four or five years where Russell, I mean the NASdaq just keeps out performing Russell and Russell and Russell. It's been multiple expansion out of a period where it's hard to justify these multiples with such high interest rates.

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