No. The US been in recovery since 2010. First to recover was corporate profits thanks to downsizing and low interest rates. Consequently, the S&P went on a tea

No. The US been in recovery since 2010. First to recover was corporate profits thanks to downsizing and low interest rates. Consequently, the S&P went on a tear [2010-2014]. With corporate profits recovering, companies could start re-hiring and unemployment dropped [2010-2015][0]. Now that employment is back in healthy territory and the stock market is back where it should be, Americans are feeling a positive wealth effect, so next to recover is real estate. Still juiced by low interest rates, real estate prices will continue to rise significantly in the [2014-2016] period.[1] I'd be on the lookout for a recession once this real estate cycle plays out, maybe in the [2017-2019] time frame. By then, interest rates should return to the low end of their historic range [2]. [0] http://data.bls.gov/timeseries/LNS14000000 http://data.bls.gov/timeseries/LNS14000000 [1] http://money.cnn.com/2015/08/11/real_estate/median-home-price/ http://money.cnn.com/2015/08/11/real_estate/median-home-pric... [2] http://mortgage-x.com/trends.htm http://mortgage-x.com/trends.htm