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#11
08-19-2021, 01:52 AM
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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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