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So a period in which prices grow in line with, or preferably by less than, incomes now looks overdue.
And yet, a return to the ground looks overdue.For instance, on only eight days this year has the S&P 500 index moved by more than 1%, compared with 12 times a month in the wake of the dotcom bust, and 11 times a month during the great sell-off in the 1970s (see chart).
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But the truth is that investors were simply looking for excuses to take profits.A decline looked overdue.
(See: "No Lost Decade at Wasatch Core Growth").. Another stock that looked overdue for a pop to the right hand side of the stock chart: Guess?
Mr Sumner's data make that look overdue.
The Mac mini is also looking pretty overdue for a change.
But the rise in prices looks more like an overdue adjustment than a bubble.
Mark Green, the New York City public advocate and a delegate from the state, was briefly stranded with other delegation members in the aftermath of the clash Monday night, and the police ordered the delegates who had wandered into the street looking for an overdue bus back onto the sidewalk.
The regulator is currently consulting on the proposals but it looks certain that a long overdue clean-up is on the way for a very grubby sector.
Commercial real estate is overdue for disruption and it looks like Hightower — together with companies like TheSquareFoot, Floored, Managed by Q — may be able to bring some overdue change into this industry.
Looks like a decent application, though it's long overdue for Sidekick users.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com