The U.S. economy is surging ahead, and it doesn’t look like it’s heading for a recession. Despite some anxiety and fear about the near future, American consumers continue to spend, and the corporate world shows no signs of slowing down, consistently beating revenue and net profit forecasts. All of this is immediately reflected in the performance of major stock indices, which set new all-time highs almost daily, forcing pessimists to sheepishly forget their earlier predictions of a potential massive market crash. The only question is: how safe is it to believe in eternal growth, and are these “bearish” views really so foolish? This is a quick review from Ivan Kompan, Edinburgh Business School analyst.



