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

By CNBC Television May 12, 2026 Neutral
Bulls and bears both believe this could be 1999 all over again
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.
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.