Breaking: Michael Burry said "it feels like the last months of the 1999-2000 bubble"
The last time the Knicks were in the NBA Finals, the Nasdaq peaked 9 months later and fell 78%History is rhyming hard right now:1999:• Knicks are in the NBA Finals• Nasdaq up 84% that year• Tech was 33% of the S&P 500• CAPE ratio hit 40x• Margin debt at record highs• Hedge funds had 31% of portfolios in tech2026:• Knicks are in the NBA Finals• Nasdaq up 31% in 12 months• Tech is 32% of the S&P 500• CAPE ratio at 40x• Margin debt at record highs• Hedge funds have 33% of portfolios in Big Tech
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