The FED and Central banks are pumping the market. Retail investors are still avoiding it for the most part. A manipulated economic indicator.
Home prices are still down .05% year over year nationwide. Another manipulated economic indicator, although inventories are decreasing. Why are they decreasing? Many bank owned properties are off the market, sitting dormant and sitting on the banks equity balance sheets.
Jobs are stabilizing if you consider 50K manufacturing jobs per month have gone overseas for the last 10 years. Taco Bell? McDonalds? Yes, they are hiring due to high turnover.
Out of one war, soon to be another? Yes, the timeline to exit Iraq was declared under the Bush Admin. That comes as no surprise. Afghanistan? We should have pulled out as soon as Osama was "killed". Africa? Tha'ts where our troops are going next. There will be no "peace" anytime soon.
Keep in mind, the FED wants to inflate our way back to prosperity. This concept alone means markets and housing will rise...But what is not rising? Wages.......More people are being paid less and being trapped by increasing debt and decreased opportunity.
Nothing to celebrate Chloe.