Internet bubble supports claims of high valuations, Matt Darling notes

Internet bubble supports claims of high valuations, Matt Darling notes
Internet bubble backs overvalued stock view

Matt Darling highlights that the existence of the internet bubble supports Paul Krugman's perspective. He notes that those who believed internet stocks were overvalued were ultimately correct.

Darling has previously focused on data quality in economic reporting. He explained that BLS payroll data is frequently revised. He also noted that the household survey for unemployment is not subject to the same adjustments.

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