Dot-Com Era (Oct. 1998–Mar. 2000) vs. Today (Apr. 2025–Current): 10 Similarities and Differences

About this episode

The episode compares the current AI-driven stock market with the dot-com era, highlighting similarities and differences.

Is the AI boom becoming the next dot-com bubble? In this video, I compare today’s AI-driven stock market with the 1999–2000 dot-com era, including the S&P 500, Nasdaq, semiconductor stocks, Fed policy, inflation, GDP growth, oil prices, and investor psychology. While today’s market has clear dot-com similarities, AI leaders are more profitable and better established than many internet stocks of the late 1990s. For long-term investors, retirees, and pre-retirees, the focus remains the same: stay disciplined, stay diversified, and watch earnings growth. About Chris Perras, CFA®, CLU®, ChFC®, Chief Investment Officer: As CIO, Chris is the lead investment strategist and director of research at Oak Harvest Financial Group. Chris develops the firm's core market outlook, putting his decades of experience and expertise to work for our clients. He hosts Oak Harvest's podcast, "Stock Talk," available on the website with new episodes each week. He completed his undergraduate studies at Georgia Tech, and went on to obtain an MBA from the Harvard Business School. Driven by a desire to maximize his knowledge and skill set, he acquired financial planning and investment management…

People in this episode

Host: Chris Perras

Topics covered

• AI boom
• dot-com bubble
• stock market comparison
• investor psychology
• market outlook
• long-term investing

Keywords

• AI boom
• dot-com bubble
• stock market
• investor psychology
• S&P 500
• Nasdaq
• long-term investing

Mentioned in this episode

Organizations: Oak Harvest Financial Group, S&P 500, Nasdaq, semiconductor stocks, Fed, Georgia Tech, Harvard Business School

Books & works: Stock Talk

More episodes of Stock Talk

• When Good Isn't Good Enough: Stock Talk Update, June 13, 2026 · June 12, 2026 · 12 min
• Stagflation Nations: What, Where, Why, and How It Can Affect Your Investment Portfolio · May 15, 2026 · 8 min
• 1q26 Earnings Season and AI Capex Cycle Updated · May 8, 2026 · 8 min
• Keep Your Eyes on The Prize: Stock Talk Update, Friday May 1, 2026 · May 1, 2026 · 6 min
• It’s an AI Bubble! (So Why Are Many Investors Cautious?) Stock Talk Update, Friday April 24, 2026 · April 24, 2026 · 10 min
• “This Time It’s Different… Or Not?” Stock Talk Update, Friday April 17, 2026 · April 17, 2026 · 6 min