But continued low real wage growth in September eased concerns over inflation.
Activity could begin to slow as the labor market tightens and the China-U.S. trade war starts to affect supply chains.
Despite strong consumer confidence, the mall vacancy rate hit a seven-year high in the third quarter, says Reis.
"While it is tempting to sail alone, countries must resist the siren call of self-sufficiency,” Christine Lagarde says.
Economists had expected a slowdown in August after five straight strong gains but consumer confidence remains high.
“My colleagues and I are doing all we can to keep the economy strong, healthy, and moving forward,” Fed Chairman Jerome Powell told reporters.
Higher borrowing costs are starting to offset the effects of a strong economy, but house prices are still rising.
Robert Jackson says the SEC has stood on the sidelines while enormous market power has become concentrated in just a few players.
Internal resistance to change — or mental momentum — can prevent companies from properly responding to new market economics.
China responds to Washington's latest round of tariffs by announcing tariffs of 5% to 10% on $60 billion worth of American products.