A widely circulated working paper suggests so

But can the public stomach higher inflation?

The president denies all knowledge. A bizarre fight could get nasty

Gloomy expectations are starting to matter more than the data

It has benefited from a slice of luck, a commitment to economic reform and a shove from Donald Trump

Only a decline in corporate America’s vigour will dent the country’s dominance of financial markets

As investors worry about budgetary laxity, the central bank prepares for more rate hikes

The economy is well prepared, but more exposed than it used to be

An escalating trade war would be another matter, however

Strong exports make up for weak investment

Vigilantes have shrugged off ballooning debt and attacks on the Fed

Not nearly as much as it could be