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Don't underestimate US expansion: it's headed for a record

Respondents in a survey put a 60% probability on growth streak running through at least July 2019 and thereby reaching 121 months.

A strong job market, subdued inflation, low borrowing costs and healthier finances will be a tailwind for consumer spending.


THIS US expansion may be moving like a tortoise, but it's on its way to win the race.

Widely disdained for its relatively weak growth and pay gains, the expansion is about to complete its eighth year - and it's headed to become the longest on record, according to a...