This looks like an odd sort of bubble which has occurred simply because there's no other place for money to go right now where it is welcome and has things to do other than the market.
Everywhere else, it's either being locked away for safety and a better day or being sucked up by GuvCo junkies like cocaine through a crisp, new rolled up $100 dollar bill they just printed.
Yeah, if the market is doing so well, then why isn’t real estate participating? If its due to inflation again why isn’t real estate, gold, or oil taking part?