Tuesday, The DOW was slightly positive yesterday but the NASDAQ hit another all time high. Some people are really benefiting from the markets move higher. The attached article reminds Mark Cuban of the dot com bubble of the late 1990s. A quote from the article: "Everybody’s a genius in a bull market".
The move in the stock market has caused some eye popping gains for some big names. Elon Musk is now the 5th richest man in the world. Musk's wealth is built on Tesla stock, a company that has never had a profitable year. Jeff Bezos (Amazon) saw his net worth increase $13 billion in one day.
We have talked about real estate and the rising prices but here is a look at where prices are rising most. In the last year urban prices are up 19%, suburban prices are up 30% and rural prices are up 34% Remember there is no inflation because the government told me so.