As the battle rages on about who and what needs to be done to fix the economy, the root cause has yet again been neglected from the conversation. We've lived in a world with too much credit, its been brewing for a long time.
My opinion, the two things I look at the see when the economy will 'rebound,' or at least rightsize.
1 -- The Price of Oil -- There's no coincidence the price of oil falls with the economy. Which came first? While most people complain about the greedy oil people, their 401k's are stuffed with oil stock, go take a gander, I'm sure most are still, by default. Currently there is a stockpile of oil in ports all over the world, you can't just 'turn the spigot 'off', hence a hedge on the price. When this lowers, oil will settle between 75 - 90 bucks a barrel, rightsizing this toxin, which will aid in bringing things 'back to normal.'
2 -- Home Depot Stock -- Watching the ups and downs, these folks are reading the charts that will answer the ultimate question, 'when will people begin investing in their homes again?'
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