By Frank Stocker
(Die Welt)
In fact, the world has been expecting a recession in the United States for a year now.
The American economy suffers from several serious problems.
And stock prices on Wall Street have long been moving beyond limits.
However, all this is overshadowed by reality.
The economy is booming, and the stock market is setting records.
Many observers cannot believe their eyes and many analysts and economists have to regularly revise their forecasts downwards.
Because the United States economy and financial market seem immune to all shocks and overflowing with vigor.
A reality which can be explained by some fundamental structural changes that have recently occurred in the American economy.
The big question, however, is whether these changes will continue to carry this boom for a long time or whether it will soon run out of steam.
Carsten Roemheld, investment strategist at investment company Fidelity…
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