Markets Feel Reminiscent of 1999 as $NVDA Trades at Lowest Forward Earnings Multiple in Over a Decade

Market observers note that current market behavior feels reminiscent of 1999, raising questions about whether skepticism is now being priced into a healthy market or signaling an approaching crash.
At the same time, $NVDA is trading at 17x forward earnings, which marks its lowest valuation level in more than a decade.