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The US economy is doing well—but headwinds are building

This marks the 103rd month of US economic expansion. Is the country due a recession?

By George Magnus  

United States President Donald Trump. Photo: Chris Kleponis/DPA/PA Images

President Trump was busy last week, falling out with one-time confidant and adviser Steve Bannon, and failing to stop the publication of Michael Wolff’s new bestseller Fire and Fury. 2018 could be a long year for this unpopular president if investigations into obstruction of justice gain traction, while Democrats are salivating about electoral prospects in congressional elections in November. Last week, though, he still found time to boast that the Dow Jones surge through 25,000 and record levels reached…

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