Bloomberg Intelligence's Equity Market Minute 5/04/2022

Gina Martin Adams discusses the tech bubble that emerged during the pandemic, noting it didn't reach the heights of the 1990s bubble but is currently deflating. The tech, media, and telecoms sectors' market cap share in the S&P 500 peaked at over 40% in August 2020 and is now at 36.5%, still above its earnings share of 32.5%. Valuations remain high compared to pre-pandemic levels, with the TMT Group trading at 19 times forward earnings. The video concludes with a summary of the current market situation.

How do the valuations of the TMT Group compare to pre-pandemic averages?

What is the forward earnings multiple for the TMT Group as mentioned in the text?