— Matthew Goldstein is a Reuters columnist. The views expressed are his own —
The Great Debate
— Dr. Suzanne Maloney is a senior fellow for foreign policy at the Saban Center for Middle East Policy. Maloney, a former U.S. state department policy advisor, recently published the book “Iran’s long reach: Iran as pivotal state in the Muslim world.” The views expressed are her own. —
Steady improvement in manufacturing surveys, payroll data and freight movements all indicate the U.S. economy is approaching the low point in the business cycle and should hit the bottom within the next one to four months. But that does not necessarily imply a strong and sustained expansion is about to get underway.