How high can the US go?

MARKET VOICE

Despite near-miraculous recovery in the US economy, headwinds remain. Lara Rhame (right), senior economist at Brown Brothers Harriman in New York, expects policymakers to act cautiously, and for the most likely outcome to be some tarnishing of the dollar

The consumer sector has defied gravity. Consumer spending, which seemed to be fading before September 11, came roaring back in the fourth quarter with an autos-led push to durable goods spending that added 2.8% to the gross domestic product. Even

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