Big difference with dotcom was Fed was tightening financial conditions instead of loosening them.
https://fred.stlouisfed.org/graph/fredgraph.png?g=1L3YT&height=490
https://i.imgur.com/qqQcLaM.png
Today's chart is opposite.
https://fred.stlouisfed.org/graph/fredgraph.png?g=1L3Va&height=490
https://i.imgur.com/lwFwi7r.png
Clinton was tightening fiscally and running decently sized surpluses.