# Is This a 98, 08, 18, or 21 Market?
**Date:** 2026-06-20  
**Source:** [YouTube](https://www.youtube.com/watch?v=Fk5LYZbzfcA)

## Main Thesis
The current market, driven by the AI revolution, has uncanny similarities to past hyper-growth periods like the dot-com bubble. However, earnings have been stellar and are the key indicator to watch for a potential market top.

## Regime / Cycle Analysis
The speaker draws a direct comparison between the current market's "AI revolution" and the late 1990s "internet" boom, noting the similarity in "hyper growth stocks going crazy". He questions whether the current market is analogous to 1998, 2008, 2018, 2021, or 2000, suggesting a focus on historical market cycles and potential bubble dynamics.

## Key Calls & Predictions
- The market will top out when earnings do.
- So far, earnings have been stellar and analysts are upgrading across the board.

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*Generated by FX Evolution Monitor on 2026-06-29 12:12:08*