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Prognostications: It's Not a Stock Bubble

Portfolio manager Josh Brown, who blogs at thereformedbroker.com, scoffs at comparisons between the current bull run and the go-go ’90s, when the market surge was led by flimsy technology stocks.

“This is nothing like 1999, other than the fact that stocks are going up. This doesn’t mean they can’t go down; it simply means that being in the market now isn’t crazy, stupid, or reckless.”