A mid-cycle environment is all about sustainability.

The current momentum is pretty solid.

With consumers spending more time online, e-commerce will likely drive more holiday activity this season than in the past.

Some kind of adjustment has to happen,

Economic growth continues on a healthy and sustainable pace with recent indicators suggesting that the holiday season will be solid. Improving trends in merchandise sales, business orders, the services sector and employment in the U.S....

Some kind of adjustment has to happen. Home prices have been growing so fast for so long, outstripping income growth for many years.

China’s economy is expected to continue its extended cycle of strong growth, thanks to the pivotal role it plays in the global supply chain. China’s solid manufacturing base is essential to neighboring Asian economies, which...

I get to watch traffic flows in every sector of every economy in the world on a real time basis.