The rise of Bitcoin from just over $ 10 in 2013 to $ 20,000 in late 2017 has been one of
the largest tech bubbles of all time.
Not exact matches
And since the
Tech Bubble, we have seen unprecedented amounts of liquidity funneled into the capital markets, and highly - levered, credit - sensitive, smaller - cap and lower - quality stocks and sectors outperformed their more liquid,
larger - cap, higher - quality counterparts.
For example,
large - cap companies dominated during the
tech bubble of the 1990s, as investors gravitated toward
large - cap
tech stocks such as Microsoft, Cisco and AOL Time Warner.
Let's look at
large valuations over the last 30 years; the
tech job
bubble with crazy bonuses, the
tech startup valuation
bubble, the housing
bubble.
In the U.S., where market cap relative to GDP is much
larger than in China, the bursting of the
tech bubble in 2000 only resulted in a particularly mild recession.
One widely - followed analyst argues that because companies have had
large write - downs during the bursting of the
tech bubble and again during the Great Recession, the reported EPS series used by Shiller's CAPE ratio is no longer appropriate.
Silkscreening, xeroxing, and photoshopping are done here in a low -
tech, low - key way, by directly applying objects to the canvas (
bubble wrap, footprints) and rubbing the surface with solvents in
large areas of grayish brushstrokes.