Latest Issue

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 in…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect