#TheNasdaq, #Techbubble2021, #Stockmarketcrash 

The technology sector is not in a bubble, despite trading near record highs after last week's abrupt sell-off, according to the world's largest wealth manager.   

Valuation: Technology companies are trading at 27 times their expected future earnings. Dotcom bubble of 2000s, the forward price-to-earnings ratio for the Nasdaq was above 70.   

Earning and interest rate: Second, downward correction does not imply the start of a more protracted decline, especially given central banks keep interest rates at rock bottom. The crash: The bubble burst in early 2000, and the Nasdaq lost over 70% of its value between 2000 and late 2002.