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Matthias Knab, Opalesque:

OppenheimerFunds writes on Harvest Exchange:

Are there any lessons from the markets of the late 1990s that we can apply to 2017? Investors have fallen in love with the so-called FAANG stocks - tech giants Facebook, Amazon, Apple, Netflix and Google. On the surface, this brings to mind the tech bubble of the late 1990s. Naturally, some market participants wonder whether the FAANG stocks could be vulnerable to a similar fate as the overvalued tech stocks of the late 1990s - a long list that includes doomed names like Pets.com, Webvan.com, and Kozmo.com. Each of these companies enjoyed rapid surges in value only to come crashing down once the tech bubble burst in 2001.

We're also now in the midst of the second-longest bull market on record, which brings to mind stocks' extended rally nearly two decades ago. How should investors approach a market environment where valuations are already near record highs and stocks continue to climb?

We discussed these topics on a recent episode of the OppenheimerFunds World Financial Podcast, and brought on Mani Govil, Oppenheimer Main Street Team Leader to get answers to these questions - and more.

Here are some highlights from our conversation.

Brian Levitt, Senior Investment Strategist: What can we learn from the 1990s that we can apply to this market? The q......................

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