[UncleOxidant]

Also a layperson, but I think there's been a lot of FOMO involved as well as a lot of magical thinking combined with a lack of good places to put money that have been keeping this market going. Sure iBonds are a great place to put money now, but you're limited to $10K/year and you can't put money from retirement accounts into iBonds - If I could I'd be putting it all in iBonds right now. How about real estate? Well, that looks bubbly too especially since mortgage rates are pretty much guaranteed to rise.

[bradgranath]

It's not a lack of good places to put money.

It's income inequality.