Howard Marks Draws Parallels Between AI Boom, Dot-Com Bubble: Market Is 'Lofty But Not Nutty,' Not 'Mania' Yet - SPDR S&P 500 (ARCA:SPY)
Benzinga·2025-11-17 18:12
Legendary investor Howard Marks has drawn powerful parallels between the current market excitement over artificial intelligence (AI) and the 1999 dot-com bubble, warning that it's nearly impossible to know who the long-term winners will be.Market Has Gone From ‘Elevated’ To ‘Worrisome’Speaking with 3PROTV’s Global Money Talk in South Korea, the Co-Chairman of Oaktree Capital Management said the U.S. stock market has moved from “elevated to worrisome.”However, he stopped short of calling it a full-blown bubb ...