“Television won’t be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night.”
-Darryl F. Zanuck, famed Hollywood director and co-founder of 20th Century Fox
The Through Line: Equities pushed farther into uncharted terrain this week, exacerbating fears of an impending bubble. Comparisons to the 1995-2000 dotcom era are rampant but there are marked differences between the two periods. We compare and contrast, helping frame the sturdy fundamental base of the current advance while highlighting factors that could tee up increased interim market volatility.
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