As we embark on a new year, I want to begin with some salient data points: America’s GDP is at a record high of $23 trillion. The S&P 500 is at near-record levels at close to 4,700, an all-time high. Housing prices are at record highs, along with retail sales. American household net worth is at a new high of $150 trillion. New business formations are at near-record levels at 440,000. There are 10.4 million job openings, and 4.4 million people are confident about quitting and finding a new job (U.S.