Stories >> Economics

Caroline Baum: Inflation may be muffled, but the business cycle isn’t dead yet


Biggest risk to the expansion would be a financial crisis fueled by animal spirits and excessive credit. The longest economic expansion on record. A 10th year of solid, if not spectacular, job growth. An unemployment rate at half-century lows. No sign of wage or price pressures. All of which tempts one to ask: Is the business cycle dead?

Click to Link




Posted: January 15, 2020 Wednesday 10:56 AM