jan 1, 2000 - Dotcom Bubble

Description:

Investopedia: When it comes to sheer scale and size, few bubbles match the dotcom bubble of the 1990s. At that time, the increasing popularity of the Internet triggered a massive wave of speculation in "new economy" businesses. As a result, hundreds of dotcom companies achieved multi-billion dollar valuations as soon as they went public.

The NASDAQ Composite Index, home to most of these technology/dot-com company stocks, soared from a level of under 500 at the beginning of 1990 to a peak of over 5,000 in March 2000. The index crashed shortly thereafter, plunging nearly 80% by October 2002 and triggering a U.S. recession. The next time the Index reached a new high was in 2015, more than 15 years after its previous peak.

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