Historical Insights: Stock Gains Post-Capital Suction Effect

- **Traditional Sectors**: Investors pivoted towards industries deemed more stable and less risky, such as consumer staples, healthcare, and energy.

- **Value Equities**: There was a shift towards value equities offering consistent returns and lower valuations, gaining appeal post-bubble.

- **Bond Markets**: In the face of heightened stock market volatility, capital gravitated towards bond markets, particularly government bonds recognized as safe havens.

- **Emerging Markets**: With the Asian financial crisis easing, capital began to flow back into emerging markets, chasing higher growth potential and returns.

- **Small-Cap Firms**: Although the tech bubble's collapse affected the market broadly, small-cap firms with robust fundamentals and growth prospects drew investors seeking the next significant success story.