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Markets and Economy

Trade Imbalances Point to Economic Strength

It may be tempting to assume that the United States’ rising trade deficit is caused by its falling household saving rate, but today’s trade imbalance actually reflects growing economic strength across the globe.

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The Recovery Still Has Room to Run

The current expansion represents the second-longest period of economic growth in recent history—and there are reasons to believe it isn’t likely to slow down soon.

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Has the Housing Market Finally Recovered?

More than a decade after the real estate crash, the housing market has recently surpassed its 2006 peak—driven by fundamental improvements in the economy.

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