On the Horizon
What does 2018 look like? Photo: Dave Meier. Source: Picography On its face, next year looks a lot like this year, just starting from a higher level. The economy – already growing well – should accelerate. A coordinated global expansion is currently underway. This will lead unemployment to fall and wages to rise. That will push inflation marginally higher, but not too high. The Fed will respond with a couple of rate hikes, but new Fed Chair [...]