The Market Hasn't Been This Expensive Since the Night Before the Dot-Com Crash
- Hawkmont Research

- Aug 11
- 1 min read

Valuations are flashing signals we've only seen once before in over a century of data. Inflation won't fully let go. And a trillion-dollar AI spending race is now the single thread holding the whole market up.
Is this the beginning of the next great correction, or just the price of admission to the AI era?
Hawkmont Research breaks down the data, the history, and the risk, without the hype.




