This is a bit hyperbolic. Yes, the 1% are crushing it but they crush it in good times and in bad. To them a market crash is a buying opportunity.

You may agree with the hyperbole, but you shouldn't, you should dissect it, analyze it and find the truth.

The top 10% are crushing it too but on their own scale.

Inflation is destroying the poor and working class and debt and housing costs are dragging the lower middle class and middle middle class down. The upper middle class are buying second homes.

We don't think the economy is doing well we know the "economy" is doing well and the US economy is on aggregate doing the best in the world based on fundamental metrics. The numbers really can't get any better, any better and we would really be in a bubble ready to burst.

The sticky wicket is getting those with second and third homes and large account balances to share the wealth. not the 1% but the top 10 to 15%.

According to recent data, the top 10% of households in the United States own approximately 67% of total household wealth.

The top 50% own everything the bottom 50% have virtually nothing, or worse are in debt, negative net worth.

This is not really a new thing; it has been and probably always will be that way, but it can be made better.

TEK