The recent rise in tech stocks looks like another tulip mania.
tulip mania
idiomAny asset bubble (such as a stock bubble), especially when the irony of human folly that it illustrates is being emphasized.
Origin
disputed originFrom tulip + mania.
Investors ignored all warnings about the high prices, leading many to compare the market crash to the original tulip mania.
History often repeats itself, as seen when the speculative frenzy surrounding digital assets mirrored the irrational exuberance and eventual collapse of the seventeenth-century tulip mania.
Last updated April 17, 2026