American stock market indexes have been setting new records for years, but recent high water marks have been, in many ways, some of the most impressive yet. While quite a few observers have been predicting major corrections to come, they have so far proven to be overly pessimistic.
With the widely watched Dow Jones Industrial Average topping the 22,000 mark for the first time recently, more investors are wondering just how long the good times can continue. As a new post linked from the Rockwell Trading Twitter profile explains, there are reasons to believe that continued strength across the board could be in the offing.
A Stronger Economy in Spite of Many Challenges
The usual take on the American economy, for many years now, has been that there are plenty of bright spots but also significant areas of real weakness. In particular, analysts have praised the vitality, innovation, and creativity of the technology sector, while also noting that the country still leads the way in terms of financial services and other crucial tools of the modern global economy.
On the other hand, few have been able to avoid noticing how traditional sources of middle-class support have seemed to become scarcer and less capable of bearing much of a load. While the true impact of widening income inequality may not yet be possible to measure with any accuracy, many analysts would like to see the economy’s gains distributed at least somewhat more broadly.
Despite these sticky spots, the economy seems to keep finding ways to impress with its vitality and even outright exuberance. With record-setting new jobs numbers having recently been delivered, investors can easily be forgiven for feeling optimistic themselves.
Looking Toward a Future of Continued Prosperity and Resilience
Even if many investors today focus most intently on technology superstars like Apple and Google parent Alphabet, it is the rest of the economy that has contributed most directly to recent stock market records. While there are plenty of challenges to be overcome, quite a few analysts and other experts have become confident in predicting that the American economy will remain a strong, vital place for a very long time to come.