Business is booming across the globe

Factors that have led to this growth:

• United States: "[G]overnment spending unleashed during the previous administration, plus a recent $1.5 trillion shot of tax cuts."
• Europe: Benefitting from "the effects of cheap money pumped out by its central bank."
• "China has diminished fears of an abrupt halt to its decades-long growth trajectory."
• Russia and the Middle East: rising oil prices
• Mexico has "transcended fears that menacing trade rhetoric from the Trump administration would dent its economy"
• Poland and Brazil have seen an increase in the number of online job listings

What they're saying: As Barret Kupelian, senior economist in the London office of PwC, told NYT: “If something bad happens in one economy, the fact that global growth is spread gives you more assurance that this is more sustainable.”

But, but, but: "Many economists are skeptical that the benefits of growth will reach beyond the educated, affluent, politically connected class that has captured most of the spoils in many countries and left behind working people whose wages have stagnated even as jobless rates have plunged."