It's not like 2000 because today it's the only game in town. If the money exist it must go somewhere. The US stock market is it. Real estate is equally if not m

It's not like 2000 because today it's the only game in town. If the money exist it must go somewhere. The US stock market is it. Real estate is equally if not more so over valued. Other markets are not attractive, emerging markets have lost appeal, and now even crypto is losing ground. The only serious threat is some sort of BRIC market alternative, but it's not even very serious. The risk now is more inflation and further rate increases. Inflation has cooled not mainly from intervention but market restoration. An engineered bust is pretty much the only way to prevent revolution. The existing and incoming inflation is really pushing the wealth divide and not just from the 1% to the 99%. But from those who hold assets to those who don't. Right now, currently, the economic opportunities that were available as little as 10 years ago simply do not exist. A median income job does not put you on a path to meaningful asset acquisition and may not even be enough to get most people out of student loan debt. The other side of the equation with asset prices is household debt and it's sky high and these are generally opposite ends of the spectrum.