This Boom IS tied to... yup, the economy..But how?
Investors got to "focus" on "essential" services and goods, vs balancing a portfolio.
These investments ( Lowes for example) brought a LOT of people who had over 50K to invest a solid, 20X over normal returns.
This made 20K more millionaires last year and created plenty of people with the "means" to get outta "dodge" .
The stock market in a "recently normal" year is 50% AIR....
Govt spending has caused inflation....
The inflation will absorb a lot of excess profits made last year and in 18 months the housing issue will end.
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" Long may we DRIVE !"
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