https://www.wsj.com/articles/after-record-long-expansion-heres-what-could-knock-the-economy-off-course-11559591043
Ships and containers at the Yangshan Deepwater Port in Shanghai last month. Qilai Shen/Bloomberg News
After Record-Long Expansion, Here's What Could Knock the Economy Off Course
Experts see the U.S. continuing to grow, but looming risks include trade wars, interest-rate mistakes and the ballooning budget deficit
Jon Hilsenrath
Jon.Hilsenrath@wsj.com
June 3, 2019 3:44 pm ET
Economies aren't like cars. They don't just wear down and peter out after running for several years. Something needs to happen to knock them off course.
That's potentially good news as the U.S. expansion reaches its 10-year mark this month. By July, it will become the nation's longest on record—eclipsing the decadelong expansion of the 1990s—and there's no economic rule that says it must end.
© 2022 Dow Jones & Company, Inc. All Rights Reserved.