Recent research from Goldman Sachs indicates that U.S. household equity exposure has reached 48% in October 2024, matching the peak levels seen during the dot-com bubble in late 1999. This figure reflects a doubling of stock allocation over the past 15 years. Additionally, technology stocks now constitute 32% of the S&P 500 market capitalization, just 1 percentage point shy of the dot-com bubble peak. When including Communication Services, the combined total rises to 43%, significantly surpassing the financial sector's bubble levels in 2007. Concurrently, cash holdings among households have decreased to 15%, suggesting limited liquidity for potential market corrections.