Editor's Note: This is a monthly publication on economic trends and financial policy issues. In this publication you can read "The Longbrake Letter", an analysis of economic trends and conditions written by Bill Longbrake, as well as commentary on financial regulation and policy written by members of the law firm Barnett, Sivon & Natter, P.C., a Washington, DC based law firm that specializes in financial services law. The lawyers in the firm are also counsel to the international law firm, Squire Patton Boggs.

ISSUE: #90, February 2018

The Longbrake Letter
- Bill Longbrake

Optimism abounds across the globe. World economies are finally benefiting from years of easy monetary policy. Tax cuts and spending increases in the U.S. will amplify the already very ample and self-reinforcing momentum which is driving synchronous global growth well above long-term potential levels. Slack has already disappeared or is disappearing rapidly in many economies. The U.S. economy will overheat in coming months. Bill Longbrake counsels in this month's letter, that one should enjoy the good times now because we know from history that strong economic momentum, when the economy is operating at or above full capacity, eventually leads to recession and correction of the imbalances that build up during the euphoric period of strong growth. Bill Discusses 16 risks facing the U.S. and global economies. He also explains and assesses significant 2018 forecasts.

Six Observations on Financial Regulation
- Jim Sivon

In this article, Sivon discusses his six observations on the outlook for financial regulation: All Rise; All Square; It Will Come Down to Deference; The Tailor Rule; The Other CRA; and What about Treasury?

CFPB's Strategic Plan: A New Mission & Vision
- Katie Wechsler

This article discusses some key themes from the recently released five year strategic plan of the CFPB.

A Review of Treasury's OLA Report
- Jim Sivon

This article reviews the Treasury Department's recently issued report on the orderly liquidation authority that is part of the Dodd-Frank Act