Investors are making the same mistake they made during the dot-com and housing bubbles, analyst says

• Investors are so excited about stocks that they’re missing the bigger, grimmer economic picture.
• Danielle DiMartino Booth said the complacency reminded her of the dot-com and housing bubbles.
• She pointed to a surge in bankruptcies and mounting pressures in the bank and real estate sectors.

Investors are so entranced by soaring stocks that they’re ignoring multiple red flags on the economic front, Danielle DiMartino Booth says, drawing comparisons to the dot-com and housing bubbles.

“We’re not really paying attention because the stock market remains so high,” the CEO and chief strategist of QI Research told BNN Bloomberg on Monday. “It’s easy to ignore what’s happening on the ground in the US economy.”