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Are we living through 1997/98 all over again? Former Wall Street trader Jared Dillian breaks down why today’s tech market looks eerily similar to the dot-com bubble—but we're not at the peak yet. 

We dive into the troubling rise of circular deals, where companies like Nvidia (NVDA) are investing billions in their own customers—just like Cisco (CSCO) did in the late nineties. Jared reminds us that “it’s never different.”

We haven’t had a real bear market in 17 years (outside the pandemic), and Jared raises a critical question: Will the magnitude of the coming drawdown be proportional to the length of this bull market?

Video Length: 00:20:43

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