Why this Time the Tech Bubble is Different

Image Source: CNBC

We are in a stock market carnage. Pandemic darling stocks Zoom, Peloton, Carvana, and many other NASDAQ stocks have tumbled from their highs. FAANG + Microsoft stocks have lost close to $1.4 trillion of value due to the market meltdown in April. We are in a “tech bubble” but this time the bubble is different.

Going back to 2001