Wealth Creator Radio with Eric Heckman, CFP
Nov 5, 2026 · 46 min · 21 segments
The stock market has been trading near record highs — but a lot of people aren't celebrating. A new survey found that 74% of Americans worry recent market highs are unsustainable. If you've spent…
Even though tech stocks are going up, they're getting rid of people left and right.
And people see that everything's gotten expensive, right? I mean, obviously, oil's gone through the roof with Trump's war.
We kind of predicted it last year when they started doing them that causes inflation.
We've seen that now with inflation, you know, spiking, you know, the good part, I guess, is, you know, people on Social Security and get, you know, a pretty decent raise, you know, but 3.6.
But Still, that means, you know, things got more expensive and that's why they're doing that.
So, you know, with everything getting more expensive and things a little bit more unsteady, it seems weird that the market's going up and up and up.
So I kind of equate this a little bit to either feeling like it was 1995 or 1999.
That's, you know, dot-com days, right? Where, you know, are we at the beginning of the craziness? Are we at the middle? Or are we getting close to the end before things went ugly? And you know we'll be able to tell you in a few years
yeah so um but no i mean i think that's one of the biggest things is is the whole ai revolution you know just like the internet did just you know so so there's lots of different things that yeah that changed and a lot of things got more productive a lot of it's behind the scenes a lot of it you don't kind of notice feel at first but then of course people get overly dumb and crazy and keep you know, driving up things and go insane, just like all bubbles.
You know, and so, yeah, when's that going to be? You know, and who knows? It might be pretty soon, might be a few years.
So it sounds like it's more than just financial, but it's all obviously emotional, too.
Even though tech stocks are going up, they're getting rid of people left and right.
And people see that everything's gotten expensive, right? I mean, obviously, oil's gone through the roof with Trump's war.
We kind of predicted it last year when they started doing them that causes inflation.
We've seen that now with inflation, you know, spiking, you know, the good part, I guess, is, you know, people on Social Security and get, you know, a pretty decent raise, you know, but 3.6.
But Still, that means, you know, things got more expensive and that's why they're doing that.
So, you know, with everything getting more expensive and things a little bit more unsteady, it seems weird that the market's going up and up and up.
So I kind of equate this a little bit to either feeling like it was 1995 or 1999.
That's, you know, dot-com days, right? Where, you know, are we at the beginning of the craziness? Are we at the middle? Or are we getting close to the end before things went ugly? And you know we'll be able to tell you in a few years
yeah so um but no i mean i think that's one of the biggest things is is the whole ai revolution you know just like the internet did just you know so so there's lots of different things that yeah that changed and a lot of things got more productive a lot of it's behind the scenes a lot of it you don't kind of notice feel at first but then of course people get overly dumb and crazy and keep you know, driving up things and go insane, just like all bubbles.
You know, and so, yeah, when's that going to be? You know, and who knows? It might be pretty soon, might be a few years.
So it sounds like it's more than just financial, but it's all obviously emotional, too.
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