Anyone else notice that the NASDAQ Composite Index has about reached the nominal peak of
the dotcom boom? It's not at the real value peak (i.e. adjusted for inflation), but
still pretty peakish:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=COMP&in…
It seems to me that additional market forces caused by the likes of a crisis in student
debt or perhaps a natural disaster, such as an earthquake, could hasten the inevitable
burst. Otherwise we may be looking at just a few years before a substantial fall in the
stock market, devaluation of over-inflated "tech" companies, subsided startup
investment, decrease in technology field employment, or other similar things...
What might one do to prepare, as if not soon, at least inevitably there will be some stock
market crash that will largely affect the wide bay area economy?
// Matt