Weekly Strategy Perspectives: Profile of a Bubble (How Worried Should We Be?)

BMO Private Wealth - Jun 05, 2026

Equities pushed farther into uncharted terrain this week, exacerbating fears of an impending bubble.

office buildings with line graph superimposed.

“Television won’t be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night.”
– Darryl F. Zanuck, famed Hollywood director and co-founder of 20th Century Fox

The Through Line: Equities pushed farther into uncharted terrain this week, exacerbating fears of an impending bubble. Comparisons to the 1995-2000 dotcom era are rampant but there are marked differences between the two periods. We compare and contrast, helping frame the sturdy fundamental base of the current advance while highlighting factors that could tee up increased interim market volatility.

To read the full report, click here.

 

 

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Peter FinneganA brief summary of the Canada Pension Plan and Old Age Security Estimates
By Peter Finnegan, Portfolio Manager

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Doug PorterCommentary from Our Chief Economist
Douglas Porter
Chief Economist, BMO Capital Markets

 
Douglas Porter has over 30 years of experience analyzing global economies and financial markets. As Chief Economist at BMO Financial Group, he oversees the macroeconomic and financial market forecasts and co-authors the firm’s weekly flagship publication, Focus. As a respected commentator on economic and financial trends, he is regularly quoted in the national press and often interviewed on radio and television. 

For Doug’s latest views on the economy, read his commentary Talking Points.