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Bulls and bears both believe this could be 1999 all over again

Posted

May 12, 2026

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5,165

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The central debate on Wall Street is starting to sound something like this: Bears say, “It’s starting to look like 1999 – sell tech stocks,” while bulls counter, “It’s starting to look like 1999 – buy tech.”

CNBC's Mike Santoli explains how today's market compares to 1999.

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Wall StreetCNBC's Mike Santoli

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Bulls and bears both believe this could be 1999 all over again · CNBC Television · Sentinel