As we all know, the economy and the stock market are two different things. The COVID-19 pandemic has caused our economy to slow to a grinding halt -- with recovery being more recent, but still below our pre-pandemic levels. Despite the clear hurdles we're having to overcome in the economy, the stock market is priced the highest it's been in almost 20 years.

Not only are our underlying fundamentals of our economy looking rough (high unemployment and low consumer spending), but the stock market is priced as if everything is just fine. Watch the video below to learn more. 

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.