Howard Marks Compares AI Surge to Dot-Com Bubble: Market Is 'High but Not Crazy,' Not in 'Mania' Phase Yet
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 17 2025
0mins
Should l Buy QTUM?
Source: Benzinga
Howard Marks' Warning: Legendary investor Howard Marks compares the current AI market excitement to the 1999 dot-com bubble, cautioning that while AI will change the world, it does not guarantee investment success.
Market Sentiment: Marks describes the U.S. stock market as having shifted from "elevated to worrisome," emphasizing the importance of risk control in investment strategies.
S&P 500 Predictions: Despite concerns of a bubble, experts like Ed Yardeni and Tom Lee maintain optimistic S&P 500 targets, predicting it could breach 7,000 by year-end.
AI-Linked ETFs Performance: Various AI-linked ETFs have shown strong year-to-date and one-year performances, indicating investor interest in technology despite market uncertainties.
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Analyst Views on QTUM
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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