they like the fact that wages are not that high. you know, we re not getting massive wage growth that we got in past recoveries, and they like the fact that as we re having a recovery, you re not getting massive wage growth. ie, not a lot of inflation. you put that together, and interest rates stay low. unless something crew screws that dynamic up, and i never give stock advice, but it s just commonsense. things could screw thaup, okay? acid bubbles, you name it. they have to raise rates for some reason. even the fed does. you buy the market. the economies have you jobs on the low end. you want to write code. can you get a job anywhere. you make a lot of money. in that middle those wages have been very stick where i in this economy, and i think that s a problem. lawrence was on earlier also of fox business network. she said something really
reserve, the position is not in doubt. but the republicans made it clear how much they dislike the fed s historic stimulus program. i think the economy has gotten use to the sugar you ve put up there. and i just worry we re on a sugar high. a sugar high that could be causing acid bubbles to form. all that stimulus is moving up the stock market. housing website zillow said low mortgage rates courtesy of the fed are creating potential bubbles in some housing markets. what s fueling the bubbles that we re looking at right now at prices through this lens of incredibly low mortgage rates. so in a sense, it s like a carnival funhouse mirror where you think you re looking at reality, but you re not really. sugar high. carnival fun house mirror. zillow says there s no national bubble. but homes are selling 30 days faster. john bermen is my friend and