An Overheating U.S. Economy?

  • Fiscal policy has thrown fire on what is already a very prolonged economic upturn.
  • With capacity tight and structural growth restrained, there are some signs of a possible overheating of the economy.
  • However, given good corporate earnings growth, for this to cause major damage to the equity markets this process must accelerate and escalate.
  • As of yet, there are few signs this is happening.

Source: An Overheating U.S. Economy? | Seeking Alpha