Behind the Poll

The U.S. economy has been distorted for so long now that some believe we’re reaching a breaking point.

By just about every measure, the stock market is overvalued by quite a lot. writes, “The various methodologies all indicate a stock market massively overvalued.  They range from 107.5% above the mean to a high of 328.6%. The overall average is 178.1% above the mean.”

The U.S. economy continues to face headwinds due to both product and labor shortages. Stimulus checks and federal unemployment benefits have kept millions of employees at home. Restaurants are notoriously understaffed while people in the trades are often booked out a month or longer.