7 Signs America's Economic Growth Will Keep Booming

Doom and gloom sells.

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Doom and gloom sells. It’s easy to tap into people’s deepest fears and cry “the sky is falling.” And sadly, we’ve seen a lot of that ever since the financial crisis and bear market of 2007-09 reminded everyone just how bad things could get.

Take, for example, Ron Paul’s recent call for a 50% crash in stocks. Talking to CNBC, the famous libertarian cited several concerns, including the Federal Reserve waiting too long to reverse the low-interest-rate environment – an “unmanageable” situation that he fears is setting the country up for a massive financial disaster. But if you look closely at the data, America is doing well. Robust economic data has been par for the course for years now – good news for Americans on Main Street and Wall Street alike. Better still, several areas of the economy, as well as corporate financial results, continue to improve.

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Michael Foster
Contributing Writer, Kiplinger.com
Michael Foster is the Lead Research Analyst for Contrarian Outlook, where he writes CEF Insider. He has written on high-income assets, dividends, closed-end funds and exchange-traded funds for a number of publications including Forbes, Bankrate and SeekingAlpha. Michael finished his PhD in 2008 and has been advising investors since 2011.