I was shocked they had mashed potatoes. A couple of my mentors and I were doing some teaching in a remote village in the Amazon rainforest. The locals told us that an American was running a café in town; to our great surprise, it had great food. The current strong economy might be an even bigger surprise.
Weren’t we supposed to be in a recession about now? The biggest surprise to market watchers is just how much better the US economy is doing than everyone expected. The economy is impressing with its strength in household goods and services, continued job market, and strong corporate profits. Almost nobody saw this coming.
Early this year, most analysts and even the Federal Reserve forecasted that the US economy would…