Samuel E. Rines is the Chief Economist at Avalon Advisors in Houston, TX.
The underlying U.S. economy is currently growing at a clip that will be difficult to sustain in the medium-term.
Underneath the surface of a surging U.S. labor market, there is a problem: retail employment.
And moderate oil prices are a good thing for the United States and global economy.
There is simply no escaping the wrath of Donald Trump's tax plan—if you are a member of the upper-middle class.
2018 could turn out to be an interesting year for the economy.
Tax reform reverses many of those potential headwinds in 2018. Business investment is likely to pick up, if only on the margin.
The golden age is now past. Jobs Friday is no more.
From the Fed leadership transition to the tax reform package, there are numerous reasons next year will be adventurous.
The Fed has already achieved its objective of escaping 0 percent. Now the goal is to avoid recession.
Janet Yellen's legacy will be written and rewritten in coming years as the results of the policies she oversaw become clearer.
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