back up. ed: jeez, david, as an individual investor, do i want to get into energy stocks then or in investment because the prices are up? well, energy stocks have gone up dramatically. one of the leading sectors this year of the market has already moved, so again we go back to buy the room or sell the news. we are now at levels where we were pre-pandemic on some of our oil companies. now we also have to look at some of the investments that these oil companies are now making. will they go to future highs when we look at exxon, vp, spending billions of dollars not for drilling, not for production, but for alternative fuel services. we used to say drill biby drill. ed: last word, last 15 second. individual or small business owner, how do you investigate
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ed: prices are up double digits in the past year. here to tell fuss this will continue, katrina, luxury real estate specialist. katrina, is this a bubble and could it burst or not? there is definitely not a bubble to burst this time around. the great recession was the perfect storm and the dynamics of this market are completely different. you have robust demand and let s not forget the topic that many people don t discuss. the millennials are back into the market. they are buying homes which has created a sense of demand that we have never experienced before. that coupled with supply chain issues, you have labor issues and people have also evaluated the importance of home and what i have noticed in my industry and i have been doing for 22 years egregiously evaluated the importance of home space, their values, their morals, their preferences and priorities and that s really being the main driver that is, you know,
progressive right now. ed: before you go, remember when president biden bashing former president trump about banning travel over u.s. covid fears in january of 2020. listen to this. in moments like this, this is where the credibility of a president is most needed as he explains what we should and should not do. this is no time for donald trump s record of hysteria, xenophobia and fear-monger to go ed tolead the science. well, it s a very different moment. we know a lot more about the virus than we did in january 2020. that s the soundbite that will haunt the current president because with the omicron variant there was little time spent between realizing that this was something that could be perhaps
migration to the suburbs but are we still seeing the trend of peopling moving away from high-taxed states, california, new york, to texas, tennessee. today i m in minnesota but i m from miami, florida what we are seeing is quite remarkable. influx from high-taxed states and it s not stopping any time soon. we see a lot of migration from new york, from california, and so forth and people are really just making south florida their home because of that. that s one of the main reasons and since covid i ve just seen an influx of buyers and now we are actually beginning to see the foreign buyers come into the market and that s one thing that we haven t touched on which is going to create more demand. ed: katrina campinsi wish i had more time, thank you very much. i appreciate the value of my home going up. all this attributed to you. well, it s beginning to look a lot like christmas and if you re in need of a great gift the duffys have you covered