EXACTLY when is the economy good again?

[SteadyMercury]

GDP growth consistently at 2.5% or higher. An expanding economy is a great indicator of financial health even with other measures lagging.

 

[william the wie]

Well there are two secular trends that are on collision courses:

Chinese wages and US productivity both rising leading to a high probability of Chinese implosion around 2015.

Energy logistics are catching up with fracking worldwide leading to a long list of probable implosions of countries dependent on high energy prices.

The US will continue to be the cleanest dirty shirt in the world but we could end up as the next Byzantium if enough other countries implode.