There will be "Green Shoots" in the Spring..(duh?) Barry Bannister's report explores the trends in stocks, commodities, GDP growth & more... some conclusions: "a slight improvement in civilian jobs is all the S&P 500 needs to vault to ~$1,275 in 2Q10... We believe investors will look back in five years at an S&P 500 that touched about ~$1,500 three times, 2000, 2007 and 2014, but was flat for 15 years... We see commodities having their last major price rally this cycle ~2013-14, possibly in tandem with inflation, & we still expect oil to remain ~$75/bbl. +/- $10/bbl. narrowly spiking the next year... China's rise is "real," but the country is caught on a hamster wheel of strong total factor productivity leading to high corporate and consumer savings rates and an undervalued currency that are then recycled into still more fixed investment."... http://www.financialsense.com/fsn/presentations/files/FNH-Call-Bannister-Macro-2Q10.ppt (4*)