Bears Turn Bulls as U.S. Gains From Roiling Markets

The U.S. may come out ahead in 2011 as policy makers from Federal Reserve Chairman Ben S. Bernanke to Chinese Premier Wen Jiabao jockey for advantage in the world economy.

U.S. growth is accelerating as the year ends, with economists, consumers and companies such as General Electric Co. becoming more confident about next year’s outlook after President Barack Obama struck a tax-cut deal with Republicans this month. Europe, meantime, is stuck in a sovereign-debt morass, while China and other emerging countries are struggling to cap an economically costly run-up in inflation.