Grossly overinflated stock prices are not an indicative of true economic health.
Stock prices soared under Obola due to zero and near zero Fed interest rates and ignoring the skyrocketing national debt of $22 Trillion.
Helium balloon-equity prices have hit the stratosphere and assuredly will painfully pop-correct.
What goes up
Must come down
Yes, but you must admit , going UP is a lot of fun!