American economist and professor of Applied Economics Steve Hanke has warned about the state of the U.S. stock market, describing it as a bubble gradually deflating under the weight of overvaluation and investor complacency.Hanke cautioned that U.S. equities have become “overhyped, overpriced, and overvalued,” suggesting that the current market euphoria overlooks mounting economic uncertainties and structural risks, according to an interview with David Lin published on October 17.He noted that the market’s ...